The Latest Breaking News from CPNG

With soaring global internet users and social media driving engagement, investors might consider investing in fundamentally solid internet stocks Coupang (CPNG), Match Group (MTCH), and Chegg (CHGG), which are ready to thrive in the digital age. Keep reading.

With the rising popularity of online services, digital transformation across sectors, and government initiatives, the internet industry is positioned for significant long-term growth. Given this backdrop, investors could consider buying internet stocks Coupang (CPNG), 1stdibs.Com (DIBS), and D-Market Elektronik (HEPS) gaining momentum this month. Read more.

Coupang (NYSE:CPNG) is set to give its latest quarterly earnings report on Wednesday, 2022-05-11. Here's what investors need to know before the announcement. Analysts estimate that Coupang will report an earnings per share (EPS) of $-0.17.

After briefly rebounding from this year’s lows, the stock market has been witnessing a massive selloff this month on investor concerns about rising inflation, the possibility of aggressive interest rate hikes this year, rising energy prices, and no measurable progress on ending the Ukraine-Russia war. Because the market is expected…

Goldman Sachs analyst Eric Cha upgraded Coupang Inc (NYSE:CPNG) to Conviction Buy from Buy with a price target of $37, down from $52. The price target implies an upside of 108.5%. The rising rates, industry growth deceleration on high comps, and COVID induced capacity issues, which have weighed on the stock price since the second…

The shares of South Korea-based e-commerce giant Coupang (CPNG) were crushed recently after its largest shareholder sold CPNG shares worth $1 billion. Furthermore, challenges related to high costs and rising local competition make the company’s growth prospects gloomy. Also, given that CPNG has not been able to improve its profitability,…

SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) Vision Fund's block trade sale worth $1 billion on March 9 triggered Coupang Inc (NYSE:CPNG) share's recent meltdown. SVF Investments (UK) Ltd sold 50 million Coupang shares for $20.87 per share. Coupang's shares closed at $22.70 on March 9 and $18.94 on March 10. Also Read: South Korean E-Commerce Company Coupang…