CPNG - Coupang Deep Dive
The Elephant in the Room
Coupang is effectively “Korea’s Amazon” (Just without AWS, Jeff Bezos, and the American Consumer)—a vertically integrated e‑commerce and logistics platform dominating one of the most advanced online markets in the world. At today’s valuation, the question is less whether it grows, and more how much of the total addressable market (TAM) is already priced…
