Coupang. For all the long term investors. Good entry

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Posting as :
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? What is the point of this post

likefunny

💋

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$84B market cap? idk anything about it besides that it’s the “amazon of s korea,” but do you think it’s fairly valued at this price?

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Speaking as a Korean (though I admit I haven't lived there in about 5 years), no. There's no company that comes close to Amazon in terms of market share in the US. And amazon isn't just an online store, it has AWS and does a lot of stuff in the tech field. Coupang barely has the a large minority market share, does only logistics, has never been profitable, and there's little room to expand. I'd wait and see.

Yes, that’s the name of a company

Nah wait for lockup to end. Look what happened to Palantir.

It tripled, dipped, and is still over 2.7x IPO?

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Another bloated price that will either trade sideways for years or deflate.

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likefunnyuplifting

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