In this episode, Dan and Albert break down Coupang Inc. Coupang is South Korea’s largest e-commerce company. The company sells apparel, electronics, footwear, food products, furniture, nutritional supplements, and other products. Its segments include Product Commerce and Growth Initiatives. It is the largest foreign IPO on Wall Street since Alibaba.
In this episode we cover:
- What is Coupang? (2:26)
- Why is Korea perfect for e-commerce? (6:09)
- How Coupang's logistics drive its success (14:55)
- Coupang's operational expenditure against benchmarks (21:56)
- Does it matter that Coupang is not profitable? (32:55)
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