Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Dipped my toe in some more this morning. Loving this volatility.
Looks to be the next Amazon, Apple and Doordash all rolled in to one.
Deutsche BUY rating starts the ball rolling. Quarterly report shows much potential here. Investment in food delivery looks very promising. Stay with us on this one.
The analyst predictions were way too low, they had nothing to compare.
Next qtr will be much better.
https://finance.yahoo.com/m/2011e3d6-5372-3295-928b-a2bf6ddd36a5/coupang-revenue-soars-74-in.html
Great article check it out!
https://www.businessoffashion.com/amp/articles/news-analysis/coupang-is-the-world-fastest-growing-retailer
Insiders are BUYING....!
Director Lydia Jett bought 28,571 shares of the company’s stock in a transaction that occurred on Monday, March 15th. The stock was purchased at an average price of $35.00 per share, for a total transaction of $999,985.00. Following the acquisition, the director now owns 28,571 shares of the company’s stock, valued at $999,985.
This is a great signal to me that the earnings will be better than expected.
The ultimate drive to please customers is showing up in the numbers. Coupang is growing very quickly and is already reaching profitability, a rare combination that shows something… Revenue grew by 90% in 2020 and operating margin is fairly close to profitability. All metrics point to a company that is improving. The active customer base was up 25.9% at almost 15 million in 2020 but existing customers also increased spending, a sign of intense customer focus. In short, the platform is attracting more customers, who are in turn spending more.
Investments to companies being led by their founders have a higher success rate. Bom Suk Kim owns around 9% of Coupang’s outstanding shares, indicating substantial skin in the game. After attending Harvard and gaining some other professional work experience, Kim grew Coupang from a daily deals business to an e-commerce powerhouse. He is also committed to maximizing free cash flow and not diluting shareholders.
What gives me confidence that Coupang will be the next successful ecommerce investment is that Coupang has improved the typical e-commerce experience seen in more mature markets like the United States. Of course that’s not something easy to say when Amazon still feels like a reasonably new business and e-commerce is still growing. However, Bom Suk Kim has created a one-of-a-kind experience in South Korea. If Coupang finally capitalizes on its potential, it will continue taking an increasingly larger slice of an expanding pie, making current prices look cheap. Expect volatility, size your positions accordingly, diversify by owning a large basket of promising stocks and be ready to enjoy the fruits of your long-term patience.
Soon, very soon.
I agree 5000%, I feel we are sitting on a gold mine.
Would this model work elsewhere?
Given the structural benefits of operating in South Korea, investors should be asking themselves if this model could be profitable in other places. If drivers have to spend too much time going from place to place and are fulfilling fewer deliveries per hour, the economics of the business won't be nearly as strong. Therefore, Coupang has to be very methodical about where it chooses to expand -- and it has been.
It recently announced, albeit quietly, that it's expanding its marketplace offerings into Singapore, which has one of the densest populations of any country in the world, with more than 5 million people packed into less than 300 square miles. But population density alone doesn't mean the model will be successful.
Coupang still has to build out the truck fleet and distribution centers needed to process orders and fulfill deliveries. Though this would be a tough task for a smaller company, this shouldn't be much of a problem for Coupang, which had almost $500 million in capital expenditures in 2020.
Now, having raised $4.6 billion from its public offering, Coupang has the necessary capital to continue its expansion into other territories. With its convenient, customer-centric approach, there's no reason to think Coupang's e-commerce model can't work in several other cities around the world.
Robinhood is not selling:
https://robinhood.com/stocks/cpng
Coupang is destined for long-term success
Jamal Carnette (Coupang): The South Korean e-commerce company has only been publicly traded for a month, but Coupang (NYSE:CPNG) has a multi-decade runway for growth. In fact, the "Jeff Bezos of South Korea" has out-executed Amazon.com in its home country and is well situated to take advantage of the unique advantages that make South Korea a perfect market for e-commerce growth.
Buy now and sell in 2-3 years for life changing $$$$......HOLD
https://www.fool.com/investing/2021/05/01/these-3-ipo-stocks-are-actually-worth-buying/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article
A buy is a win I my eyes.
I am holding long term, CPNG could be the next Amazon, Shoppee and Ebay rolled onto one.
Just added 4 myself. Up to 17 shares of CPNG.... LOL! Small fish. Dont care!
Hope your right but I have my sights set on Sept. report which should show increased Japan and others coming on board
The rocket is set for launch:
https://finance.yahoo.com/news/coupang-announce-first-quarter-2021-120000712.html
Sept.report should reflect
some Asia expansion.
ADDED MORE TODAY ON DIP
Watch they will begin to play games with COUPang before the earnings call just to get cheaper shares. Then boom always hold extra powder for these moments. Think of it as a gift if you gots the powder to play, otherwise enjoy the ride.
Earnings are coming, I'm surprised that we don't have more posters here on this board, the more posts the better exposure on the other boards.
The buying of large blocks has started, someone knows that the Amazon of Asia is about to BLASTOFF......!
Know what you own, Hold on.
Looking forward to the upcoming earnings report, it should send CPNG much higher, too many visionaries running cpng to not conquer the Korean, Japanese and Singapore markets, and these are just the beginning.
Know what you own, BUY & HOLD.
Coupang is unrivaled #1 in South Korea with nearly half of ALL South Koreans using the app last month on a mobile device. 21.5 million people. Amazon has 200mil users per month worldwide with only 1/3 of the us population.
This article came out just the other day.
Coupang can rival the king of e-commerce with this expansion into the rest of Asia.
https://m.pulsenews.co.kr/view.php?sc=30800021&year=2021&no=358030
Jan 2023 $45 calls are only like $1000
not a bad deal a year and a half out
Coupang went public last month, trading as high as $69 on its first day of trading. You can pick it up today for almost a third of its peak value. The growth will surprise you for a dominant player. Net revenue soared 91% in 2020, picking up the pace from a 55% surge in 2019. It sees revenue decelerating to a 40% clip in 2021, but that could prove conservative.
Coupang has used its market leadership to be a major player in everything from third-party order fulfillment to even restaurant delivery. Following in the footsteps of Bill Gates and Mark Zuckerberg, founder CEO Bom Kim launched his tech giant after dropping out of Harvard. You may as well take a look at Coupang before everybody else does.
STRONG BUY.
South Korea’s e-commerce giant Coupang Corp. is moving forward with its global expansion plans by entering the Singapore market. The New York Stock Exchange-listed company’s new start in Singapore marks its first overseas entry in its 11 years of operation.
According to banking and e-commerce sources on Apr. 12, Coupang is currently conducting an open recruitment for three top-level executives, namely the Head of Operations, the Head of Logistics and the Head of Retail, for its Singapore entity,
The company since last month has been recruiting hundreds of employees in Singapore, from entry level to executive positions across various functions including logistics, marketing, sales, payment, artificial intelligence and product sourcing.
“Coupang has been making preparations to enter the Southeast Asian market from as early as last year,” said an e-commerce official in Singapore.
The island of Singapore on its own, with a population of only 5.9 million, is not considered a big market for e-commerce.
But at the same time, it acts as a springboard as well as a test-bed for global companies that want to win the larger Southeast Asian market that populates around 650 million people.
The total annual transaction in Southeast Asian e-commerce market, according to the e-Conomy SEA 2020 report co-published by Google, Temasek and Bain & Company, reached $62 billion last year, up 63% from 2019.
The report projected that the market will expand to $172 billion by 2025.
Industry analysts say that Coupang could fast forward its Southeast Asia entry plans thanks to its successful US IPO, which has procured around $4.2 billion to the company.
E-commerce insiders say that Coupang picked Singapore as its first overseas market as the island city will provide a perfect test-bed for Coupang’s digital logistics business optimized for densely populated areas.
Singapore’s e-commerce market is led by a local company, Shopee Pte Ltd., followed by China’s Alibaba. Coupang has been seeking ways to enter Singapore since last July when it acquired the country’s video streaming service provider Hooq Digital Ltd.
“Coupang’s Singapore entry will mark the first step in the company’s grand plan to take over the Asian e-commerce market based on its success model developed in Korea,” said an industry source.
Coupang acquired Singapore's Hooq in July 2020 (Courtesy of Hooq)
COMPETITION WITH GLOBAL E-COMMERCE HEAVYWEIGHTS
The company’s founder and CEO Kim Bom-suk said in February at the first post-IPO press conference with New York reporters that the primary motive for listing his company in the US was to “compete against Amazon and Alibaba.”
Coupang’s entry to Singapore is interpreted by the industry as an announcement to kickstart Kim’s international-scale race against the American and Chinese e-commerce heavyweights.
China’s Alibaba Group already holds a strong presence in Singapore and the wider Southeast Asia. The group in 2016 acquired Southeast Asia’s largest e-commerce company, Lazada Group, and targets to grab 300 million users by 2030.
The analysts say that Coupang’s collision with Alibaba is inevitable in Southeast Asia including Singapore. Alibaba’s Lazada ranks second among the “big three” e-commerce companies in Singapore in terms of monthly transactions.
As of the second quarter last year, Sea Ltd.’s Shopee ranks first in the country with a monthly average trade of 10.9 million transactions, followed by Lazada with 8.5 million and Qoo10 with 7.5 million.
Qoo10 is a Southeast Asian company established in 2010 as a joint venture between eBay and South Korea’s Gmarket founder Ku Young-bae. Ku is Qoo10’s current chairman and CEO.
The big three companies all have their Southeast Asia regional offices in Singapore and operate in major countries in the region including Indonesia, Malaysia and Thailand.
Coupang believes that its strength in digital logistics, represented in Korea by its same-day “Rocket Delivery” service, will give it an upper hand in the densely populated island city.
Coupang was able to launch the same-day delivery service by setting up a comprehensive, digital-oriented logistics system and distribution centers located close to the country’s metropolitan areas.
The industry projects that Coupang will be able to build a similar logistics system in Singapore.
“The global investors placed a large sum of money in Coupang as they highly recognized its logistics system, developed in-house, that is optimized for operation in densely populated areas like the large cities in Asia,” said an analyst at a global investment banking firm.
“Singapore is the perfect test-bed for Coupang’s long-term vision in future mobility including a fully autonomous delivery system,” added the analyst.
The same-day or next-morning delivery service, which has become common in the Korean e-commerce market, is not yet prevalent in Singapore.
According to Shopee, the country’s top player, a typical delivery takes one to three business days for food and groceries. Items that are ordered from overseas vendors take at least a week and even up to a month for delivery, according to local sources.
CURRENT APPROACH & FUTURE PROSPECTS
Coupang’s recent focus to write a new success story on the global stage is widening its network of global vendors. To this end, the company held its first conference for the Chinese sellers in Shenzhen, China last September.
Coupang's conference for Chinese sellers in September 2020 (Courtesy of Coupang)
Moreover, Coupang since 2017 has been operating a special delivery service in Korea that allows a three-day delivery of overseas products to local users.
The service, which was limited to around 80,000 items shipped from the US, has been expanded to include products from China due to the expansion of the vendor network.
The e-commerce industry expects that the millions of items that Coupang is selling locally in Korea will be another of its competitive edge over the global competitors based outside Korea.
“Singapore imports most of its industrial products, as the country lacks its own manufacturing infrastructure. It is thus necessary to have a wide supply chain of overseas vendors to be successful in Southeast Asia,” said an e-commerce source in Singapore.
Sources say that Coupang’s earlier-than-expected global expansion has largely to do with its tremendous IPO success in the US. Coupang’s market capitalization has become around $80 billion after its listing.
Industry experts also highlight that the company’s cash flow has turned positive last year, thanks to a big reduction in fixed costs. Its distribution centers, which soaked up hundreds of millions of dollars of investment every year since 2012, are gradually making a positive turnaround.
While Coupang posted a net operating loss last year, the loss was largely due to the increased spending of around 300 billion won ($267 million) on pandemic-related disinfection measures.
The company has reported a 93% annual increase in revenues in 2020, and its first quarter earnings this year are estimated to be higher than that of the same period last year.
“Coupang follows Amazon in that it uses most of its profit as seed money for future growth. The company seems to be pushing forward domestic investment and overseas expansion at the same time,” said a source familiar with Coupang’s long-term plans
CPNG longs look to make a killing.
Coupang as a long-term investment:
Coupang is the top e-commerce company in South Korea with a market share of 24.6 percent. It’s also growing faster than the competition. Its market share expanded 6.5 percent in 2020, while many competitors saw their share of the market stagnate or shrink.
Coupang is diversifying into other businesses. In addition to e-commerce, it also offers food delivery and online advertising services.
The company has more growth opportunities to exploit.
For example, the major e-commerce companies have ventured into the cloud computing business, which remained an untapped opportunity for Coupang. South Korea’s cloud market is on track to grow to $3 billion by 2023 from $1.5 billion in 2018. Operating a diversified business minimizes risks and also allows for faster growth.
Coupang's IPO raised about $5 billion, which gave the company more cash to invest in expanding its business quickly and pull further ahead of its competitors.
The company’s opportunities go beyond South Korea. Its top investor SoftBank, with a stake of 35 percent, is considering bringing the service to Japan, which would significantly expand its revenue opportunity.
Strong buy.
Followers
|
9
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
125
|
Created
|
03/12/21
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |