slimhere
3 años hace
Cramer knows about as much about Korea as my unborn child.
Cramer wanted people to buy in September because his friends owned shares from CPNG's IPO, the lockup ended in August.
Now is the time to be buying, however, I own shares bought north of 45, this is another Amazon like company, there's no reason it's stock won't also grow as did Amazon.
slimhere
3 años hace
More great news, soon the selling of CPNG will be over, IMO. The lock up period ended in August, CPNG is oversold, again, my opinion.
SoftBank Group Corp.'s Vision Fund has sold shares of South Korean e-commerce giant Coupang Inc. worth $1.69 billion, according to a U.S. Securities and Exchange Commission filing. In the filing made Thursday, SoftBank Group's tech investment fund said that it had sold 57 million shares of Coupang at $29.685 each.Sep 17, 2021
RENTONJIM
3 años hace
Why enter now?
I’m expecting a beat on August 11th, but that isn’t driving my urgency. What makes me want to expand my position in this company sooner rather than later is the revised thesis on Asian e-commerce due to Alibaba’s profound issues, the ongoing COVID crisis, and the trends in NYSE investment. Retail investors have to conduct their own research and make their own decisions, algorithms on the other hand can make massive acquisitions as soon as they are given a ‘buy’ signal, which in the case of CPNG could come sooner rather than later.
This is because of the anticipated shift over the next 10-18 months from ‘stable’ large cap to ‘speculative’ small/mid cap growth. We’ve been hearing a mixed story about the “rotation from growth to value” for a while now, and a cross section of ETFs can be used to make this case, that even with AAPL adding .5 T like it was nothing, value is up 16% YTD compared to growth, up 10% YTD, however, the “reopening” narrative seems to have shifted since mid-May, with speculative growth such as ROKU gaining 11% compared with cyclicals and banks, any of which provide ample evidence contrary to the popular rotational narrative. Alphabet notwithstanding, even with amazing ER beats, large cap tech is selling off their ATHs. While it is clear in recent days that some of these profits are flowing into fake internet money, I’m not here to tell you about that, instead to bring your attention to an opportunity in a company that actually makes things and provides services.
How to play it? LEAPS or shares only, both of which are extraordinarily cheap right now, and which probably won’t be quite as inexpensive in the near future as Coupang’s footprint in Asian e-commerce continues to expand, and investment in Asia further consolidates outside of China. I think you have about a quarter to establish a strong position before it becomes about 50% more costly to do so. This gives you some time to be patient with its growth, but not so long that I would hesitate to make the move. The real profits are made on surprise stories
RENTONJIM
3 años hace
GREAT NEWS------->
Coupang is set to begin operations in Singapore, as the NYSE-listed entity is said to have completed the hiring of senior executives in the Southeast Asian country, sources and officials said Friday.
"Coupang completed the hiring of senior roles such as heads of retail, logistics and operations in Singapore. It also hired below C-suite executives in roles such as logistics, marketing and IT," a company official said. These openings had been posted earlier on the Coupang Rocket Your Career website.
The hiring is interpreted by market observers as Coupang's intention to use the Singaporean market as a "litmus test" for its detailed Southeast Asia-focused growth strategy. In Southeast Asia, Alibaba is leading the e-commerce market.
When it comes to total market size, Singapore isn't considered as attractive, as its total population is below a meager 6 million. But in terms of testing its service, given the higher technology literacy of the Singaporean public, the city state could be the "right fit" to gauge the marketability of any advanced tech-driven services for companies that hope to win the larger Southeast Asian market with a total population of 650 million.
Coupang's signature Rocket Delivery service offering same-day delivery is considered ideal for densely populated areas, as the system requires an advanced digital logistics system and fulfillment or distribution centers close to metropolitan areas.
A source familiar with the issue said one of Coupang's local investors in Singapore ? Singapore Press Holdings (SPH) ? may increase its investment in the company as a financial backer. SPH invested some $3.9 million "indirectly" in Coupang back in 2014 through a special purpose vehicle.
The total annual volume of transactions in Southeast Asia's 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 percent from 2019. The report added the market will expand to $172 billion by 2025.
Investors are paying attention to whether its expansion plans will ease their concerns over Coupang financials.
As well as in Japan and Singapore, Coupang is trying to unlock additional opportunities for growth in Malaysia. Its Southeast Asia-focused expansion plans do make sense in terms of investors' viewpoint as its value proposition mostly relies on its operating in large, densely populated urban centers like its hometown Seoul.
It has already built an end-to-end logistics network with its own warehouses, delivery drivers and tech systems. This company-owned network within these urban centers makes it possible for Coupang to add services on top of its core e-commerce offerings, like food and grocery delivery.
"Coupang try to replicate this model when it launches services in these new target markets. But the point is it will face competition from already-strong players in Southeast Asia such as Shopee and Lazada as they already have large market caps and a lot of money to invest," an industry official said on condition of anonymity.
"Coupang is intending to replicate Amazon's success by adopting a similar model in different Asian countries. If it is successful with these scheduled expansions into Japan, Singapore and Malaysia, Coupang could be on its growth trajectory and address investors' concerns over its stocks' current high valuation."
RENTONJIM
3 años hace
E-commerce platform operator Coupang has once again surprised the market by winning the exclusive rights to broadcast the Tokyo Olympics online, apparently beating out local tech giants Naver and Kakao.
For the deal, which has not yet been officially announced, Coupang may have agreed to pay up to 50 billion won ($44 million), industry observers said Monday, adding that it testifies the Nasdaq-traded firm’s strong intent to expand into the over-the-top content business.
RENTONJIM
3 años hace
021-06-13 18:13
Coupang to jump into live commerce business in July
After going public on the New York Stock Exchange in February and securing funds to invest 5 trillion won ($4.48 billion) in business expansion, Coupang is now jumping into the live commerce sector.
Live commerce is an online e-commerce method where retailers sell products through real-time video. Buyers can communicate with each other or ask show hosts questions about items when the broadcast is live.
The country's largest e-commerce firm said it is renovating the whole 13th floor of Tower 730, where its headquarters is located in Jamsil, southeastern Seoul. Coupang plans to operate a number of studios for live commerce broadcasting there and construction is scheduled to be completed by the end of this month.
The size of one floor in this building stretches 898.5 square meters, which is 11 times bigger than the 150-square-meter studio that Kakao uses for its live commerce operation.
Reports said Coupang will open 11 studios on the 13th floor, but Coupang denied this, refusing to give the exact number of studios it will operate and only confirming that the space is currently being outfitted for live commerce use.
Online retailers are finding live commerce attractive as it possesses explosive growth potential. There are many advantages that customers can find with live commerce.
Coupang has already tested its live commerce business with cosmetics in March.
There are other big names in the e-commerce sector that have jumped into live commerce before Coupang, but the unicorn firm has no fear of competition.
It plans to adopt an "all-in" strategy, where the company invests heavily in marketing to take away customers from its competitors and win a large market share.
It played the same game in the food delivery service sector after entering the market later than Baedal Minjok, Yogiyo and Baedaltong, but has already joined the top three this year, pushing Baedaltong aside.
Coupang sees big potential in live commerce. Looking only at the domestic market, it could grow by seven times year-on-year. The size of the live commerce market reached 400 billion won last year, which is now 2.8 trillion won. By 2023, the market is expected to grow to 10 trillion won.
"Coupang has witnessed the marketability and growth potential of live commerce. It is only a matter of time before the online retail giant expands the item category," an industry source said. "It is not a threatening player in the sector yet, but it can become a key player in a short period of time if it is willing to spend big."
RENTONJIM
3 años hace
“SNL Korea,” a Korean localized version of long-running U.S. sketch comedy and variety show “Saturday Night Live,” is confirmed to return for a tenth season from this summer.
NBC Universal previously announced plans for a revival in February.
Production is underway following an agreement between NBCUniversal Formats, part of Universal Studio Group, and Coupang Play, the streaming platform launched at the end of last year by e-commerce leader Coupang. “SNL Korea” will be Coupang Play’s first entertainment original