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$Coupang (CPNG.US)$ is down now but long term wise, the stoc...
$Coupang (CPNG.US)$ is down now but long term wise, the stock will rise as it dominate the Far East.
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Louis Jia Heng : Where far EAst?
口若悬河的卡洛斯 : At best It will burn a lot of money and lead in the small market of South Korea. Its main Strategy is to build own logistical hubs for quicker delivery. Not possible to challenge locals such as Shopee, Taotao, or Amazon in other Asian Countries outside of Korea without spending tens of bIllions. shopee, Taotao and Amazon already spent big and built for years. Coupang doesn’t even has a English or Chinese website. That tells you their ambition.
alexjst 口若悬河的卡洛斯 : China is out of the question. I remember that Coupang website is not even reachable from China, just like Google and Facebook.