Is Coupang Korea's Amazon? | Breaking down Coupang (NYSE: CPNG)
East Meets West: A Podcast about understanding Asia Tech and how Asia Tech affects the world
English - May 28, 2022 21:33 - 44 minutes - 40.9 MBInvesting Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode, Dan and Albert break down Coupang Inc. Coupang is South Korea’s largest e-commerce company. The company sells apparel, electronics, footwear, food products, furniture, nutritional supplements, and other products. Its segments include Product Commerce and Growth Initiatives. It is the largest foreign IPO on Wall Street since Alibaba.
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In this episode we cover:
What is Coupang? (2:26)
Why is Korea perfect for e-commerce? (6:09)
How Coupang's logistics drive its success (14:55)
Coupang's operational expenditure against benchmarks (21:56)
Does it matter that Coupang is not profitable? (32:55)
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