The Outlook of Coupang Stock Is Quite Strong
- Date: 27-Jun-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Saudi Arabia
The Outlook of Coupang Stock Is Quite Strong
Coupang (NYSE:CPNG), a leading South Korean e-commerce company, has developed attractive new services and has decided to expand to multiple, new geographic markets. As a result, I expect CPNG stock to meaningfully outperform the market over the longer term.
Source: Ki young / Shutterstock.com
What's more, Coupang's decision to enter the third-party logistics market should be very positive for its shares, while the company's valuation appears to have significant room to expand.
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