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As such, Coupang has an extremely healthy balance sheet that could sustain the company's operations and likely allow the company to withstand some market turbulences.
Source: https://seekingalpha.com/article/4657164-coupang-2024-growth-potential?source=feed_all_articles
Finally, Barclays raised their target price on Coupang from $22.00 to $24.00 and gave the stock an “overweight” rating in a research note on Thursday, August 10th.
Finally, Quantamental Technologies LLC boosted its stake in shares of Coupang by 54.9% in the 1st quarter.
Koreans’ interest in the membership-based warehouse club has fizzled amid the growing number of single-person households in the country, which prefer small orders from e-commerce players like Coupang.
Source: https://www.chiangraitimes.com/business/costco-korea-is-on-the-verge-falling/