Coupang seems to have all the aspects of a great business IMO...satisfied customers, a founder led company, and fast logistics. Only problem right now is that it seems Coupang is burning cash way too fast, which you highlighted that they invested into their grocery and food delivery program. Seems like a great business but the stock price has been painful so far. Holding my shares!
Coupang seems to have all the aspects of a great business IMO...satisfied customers, a founder led company, and fast logistics. Only problem right now is that it seems Coupang is burning cash way too fast, which you highlighted that they invested into their grocery and food delivery program. Seems like a great business but the stock price has been painful so far. Holding my shares!