2024: South Korea's e-commerce giant Coupang sees 41% share increase, $41B market cap, undervalued stock potential.
Coupang, a Korean e-commerce company, has seen a 41% share increase this year, with a current stock price of $23 and a market cap of $41B. The company, likened to Amazon but operating in South Korea, has over 21M active customers and a robust logistics network. Despite its strong start in 2024, the author believes the stock is undervalued and could be the best growth stock to invest $1,000 into.
May 05, 2024
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