After Coupang Soars in US IPO, Can it Deliver For the Long Term? (Nikkei Asia)
This week saw the SoftBank-backed Coupang make one of the splashiest public debuts on the U.S. stock market since Alibaba Group Holding wowed investors in 2014.
Over the past decade, the e-commerce company has carved out a major slice of South Korea’s retail market, but it has never had a profitable year. With billions of dollars freshly secured, is Coupang ready to deliver for investors? READ MORE (CACHED ARTICLE)
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