Coupang Earnings: Core And More, So Much Under The Hood
CPNGCoupang(CPNG) Seeking Alpha·2024-08-07 16:46
Michael Vi Investment Thesis Coupang (NYSE:CPNG) delivers a mixed Q2 2024 result. That's the headline, a miss on its topline, which saw its share price slump by more than 5% after hours. However, I argue that there's a lot more to this investment under the surface. And yet, the issue with Coupang is that there's so much under the surface, that makes surfacing a clean narrative a challenge. For my part, I like this investment a lot. Even though I recognise that in the market's impatience, this stock may  ...