Latest news with #CoupangEats
Korea Herald
26-05-2025
- Business
- Korea Herald
Coupang streamlines leadership, Park Dae-jun named sole CEO
South Korean e-commerce giant Coupang announced Monday that it will restructure its top leadership, moving from a dual-CEO structure -- with Park Dae-jun and Kang Han-seung at the helm -- to a sole-CEO model led by Park. With Park assuming full responsibility for overseeing the company's operations, the company plans to double down on AI-driven logistics expansion while continuing to support Korean small businesses. Park, who joined Coupang in 2012 as director of public policy office, was promoted to vice president of policy in 2019 and has been leading the company's new business division since 2020. Under his leadership, Coupang has made significant strides in innovation, including nationwide expansion of its ultrafast Rocket Delivery service and large-scale job creation. Park has also spearheaded regional infrastructure development and forged collaborations with local governments and agencies, launching initiatives that broaden digital sales channels for small businesses and farmers. By driving new ventures such as Coupang Eats and Coupang Play, Park has continued to enhance the customer experience and drive sustainable growth. Meanwhile, Kang Han-seung, who had overseen Coupang's management operations, will shift his focus to North American business development and global expansion. This move aligns with Coupang Inc., the parent company, as it accelerates global operations with initiatives such as Rocket Delivery in Taiwan and expanded luxury e-commerce offerings through Farfetch.
Korea Herald
26-05-2025
- Business
- Korea Herald
Coupang streamlines leadership, Park Dae-jun named sole CEO
South Korean e-commerce giant Coupang announced Monday that it will restructure its top leadership, moving from a dual-CEO structure -- with Park Dae-jun and Kang Han-seung at the helm -- to a sole-CEO model led by Park. With Park assuming full responsibility for overseeing the company's operations, the company plans to double down on AI-driven logistics expansion while continuing to support Korean small businesses. Park, who joined Coupang in 2012 as director of public policy office, was promoted to vice president of policy in 2019 and has been leading the company's new business division since 2020. Under his leadership, Coupang has made significant strides in innovation, including nationwide expansion of its ultrafast Rocket Delivery service and large-scale job creation. Park has also spearheaded regional infrastructure development and forged collaborations with local governments and agencies, launching initiatives that broaden digital sales channels for small businesses and farmers. By driving new ventures such as Coupang Eats and Coupang Play, Park has continued to enhance the customer experience and drive sustainable growth. Meanwhile, Kang Han-seung, who had overseen Coupang's management operations, will shift his focus to North American business development and global expansion. This move aligns with Coupang Inc., the parent company, as it accelerates global operations with initiatives such as Rocket Delivery in Taiwan and expanded luxury e-commerce offerings through Farfetch.
Yahoo
23-05-2025
- Business
- Yahoo
Better Growth Stock: Coupang vs. Sea Limited
Coupang continues to grow as it gradually expands overseas. Sea scaled back its ambitious growth plans, but its business is still wobbly. The more focused e-commerce leader looks like the better investment. 10 stocks we like better than Coupang › Coupang (NYSE: CPNG) and Sea Limited (NYSE: SE) were both popular growth stocks during the buying frenzy in meme and growth stocks in 2021. Coupang, which owns South Korea's largest e-commerce platform, went public at $35 on March 11, 2021. Its stock closed at its all-time high of $50.45 just four days later. Sea, which owns Southeast Asia's leading e-commerce platform Shopee and the video game publisher Garena, went public at $15 per share on Oct. 20, 2017. Its stock set its record high of $366.99 on Oct. 19, 2021. Today, Coupang's stock trades at about $27 a share, while Sea trades at roughly $163. Both stocks retreated from their all-time highs as their growth slowed and rising interest rates compressed their valuations. Should you buy either of these stocks as a turnaround play today? Coupang, which is based in Seattle, still generates most of its revenue in South Korea. It conquered that market by building its first-party fulfillment centers within seven miles of 70% of South Korea's population, drawing more merchants to its third-party marketplace and expanding its Prime-like Wow subscriptions with more features and digital perks. Its number of active customers grew from 14.9 million at the end of 2020 to 23.4 million in the first quarter of 2025. Its ranks of Wow subscribers more than doubled from 6 million in 2020 to 13 million in 2023, but it hasn't updated that figure since then. That expansion was driven by the introduction of the Coupang Play streaming media platform in 2020 and upgrades for its Rocket Delivery, Rocket Fresh grocery, and Coupang Eats food delivery services. Coupang also launched its marketplace in Taiwan in 2022 and acquired the British online luxury marketplace Farfetch in 2024 to expand beyond South Korea. From 2020 to 2024, its revenue rose at a compound annual growth rate (CAGR) of 26%. It also turned profitable on a generally accepted accounting principles (GAAP) basis in 2023 and 2024. The company's profits rose as it expanded its higher-margin third-party marketplace, automated more services, and sold a larger mix of Farfetch's higher-margin luxury products. From 2024 to 2027, analysts expect Coupang's revenue and GAAP EPS to grow at a CAGR of 13% and 130%, respectively. Those are incredible growth rates for a stock that trades at just 1.4 times this year's sales. Its valuations might be compressed by the near-term concerns about tariffs and trade wars, but it could command a much higher valuation if those headwinds dissipate. Sea, which is based in Singapore, turned Shopee into the top e-commerce platform across Southeast Asia and Taiwan. However, that expansion was driven by steep discounts, shipping subsidies, and other loss-leading strategies that were difficult to sustain. Sea relies on Garena's gaming profits to subsidize Shopee's losses. That strategy worked as its hit battle royale game Free Fire grew like a weed during the pandemic. Unfortunately, Free Fire lost its momentum after the pandemic ended. The game was also banned in India, its fastest-growing market, in 2022. At the same time, Shopee's growth cooled as it lapped its big growth spurt during the pandemic. Shopee also faced tougher competition from Alibaba's Lazada and Coupang in its core Southeast Asian and Taiwanese markets, respectively. Instead of capitalizing on its pandemic-driven growth spurt to strengthen its logistics networks, Shopee poured that cash toward expanding into more markets in Latin America, India, and Europe. That was an over-ambitious move that offset its narrowing losses in Taiwan and Southeast Asia. Despite those challenges, Sea's revenue still increased at a CAGR of 40% from 2020 to 2024. It also turned profitable on a GAAP basis in 2023 and 2024 as it laid off thousands of employees, reined in Shopee's discounts, and scaled back its ambitious overseas expansion plans. From 2024 to 2027, analysts expect its revenue and GAAP EPS to grow at a CAGR of 20% and 97%, respectively. It expects to strengthen Shopee with new live streaming "social commerce" features, artificial intelligence (AI)-powered automation tools, and an expansion into Vietnam. As for Garena, the company expects Free Fire to keep growing with a new version (Free Fire Max) and more e-sports tournaments. That's a healthy outlook, but its stock looks pricier than Coupang's at 4.6 times this year's sales. Coupang and Sea are both growing rapidly. However, if I had to choose one, I'd stick with Coupang because its business model is more balanced and its stock looks cheaper. Sea is growing at a faster rate but is still overwhelmingly dependent on a single video game -- which is now seven-and-a-half years old -- to drive its long-term profits. That glaring weakness, along with its higher forward price-to-sales ratio, makes it a less attractive investment than Coupang. Before you buy stock in Coupang, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Coupang wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $642,582!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $829,879!* Now, it's worth noting Stock Advisor's total average return is 975% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Sea Limited. The Motley Fool recommends Alibaba Group and Coupang. The Motley Fool has a disclosure policy. Better Growth Stock: Coupang vs. Sea Limited was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Korea Herald
07-05-2025
- Business
- Korea Herald
Coupang posts record Q1 sales on favorable FX conditions, new business growth
E-commerce giant Coupang Inc. said Wednesday it has posted record sales for the first quarter, backed by favorable foreign exchange rate conditions and growth of its emerging business areas. Coupang's sales for the January-March period totaled 11.5 trillion won ($7.91 billion), up 21 percent from a year ago, the company said in a statement. Operating profit jumped more than threefold to 233.7 billion won, while net profit totaled 165.6 billion won, turning from a loss in the same period last year. The New York-listed e-commerce giant attributed favorable foreign exchange conditions and a boost in the company's new business areas to its improved earnings. Combined sales of the company's Taiwanese Rocket Delivery service, Coupang Eats and the recently acquired online fashion retailer Farfetch Holdings surged 78 percent on-year to 1.51 trillion won. Sales from Coupang's core Product Commerce division, which includes Rocket Delivery and Rocket Fresh services, gained 16 percent on-year to 9.98 trillion won. Active customer numbers in the division rose 9 percent to 23.4 million. Coupang also announced that its board has approved a share buyback program of up to 1.4 trillion won in common stock, describing it as part of a long-term strategy to deliver value to shareholders. (Yonhap)
Yahoo
21-03-2025
- Business
- Yahoo
Nasdaq Correction: 2 Winning Stocks on Sale Right Now
It's never fun to see the value of your investments go down during a market sell-off. The Nasdaq Composite (NASDAQINDEX: ^IXIC) recently dipped into correction territory, defined as falling at least 10% from recent highs. But the longer you invest, the more you come to see these dips as opportunities to make more money over the long term. There are several growing companies offering solid value that could lead to outstanding returns from this point. Here are two reasonably valued growth stocks that could be worth a lot more in 10 years than they are today. Amazon is a dominant online retailer, but it can't control the entire $4 trillion global e-commerce market. Coupang (NYSE: CPNG) has developed expertise in serving densely populated cities that has allowed it to dominate the e-commerce market in South Korea. Coupang's focus on making disciplined investments in opportunities that it believes will produce returns for shareholders makes it a promising growth stock to hold for the long term. It's following a similar strategy as Amazon to offer customers additional services, or what the company calls "developing offerings." These include food delivery (Coupang Eats), digital entertainment (Coupang Play), and payment services (Coupang Pay). Revenue from these services grew 124% year over year last quarter (excluding recent acquisition of Farfetch), which is the result of building a loyal customer base. The growth in developing offerings is consistent with management's approach to invest in new opportunities that can lead to higher profits and grow the value of the business. Coupang's gross profit grew 43% year over year in 2024, faster than the company's 24% revenue growth. Management expects further margin expansion in 2025 from increasing efficiency, use of automation, and growth in higher-margin service offerings. Coupang is also demonstrating the potential to expand beyond South Korea. Taiwan's fourth-quarter revenue grew 23% quarter over quarter. Coupang recently went forward with the launch of its WOW membership program in Taiwan, offering free shipping and other perks, indicating that management sees a clear path to long-term success in that market. Coupang also recently launched food delivery in Japan through Coupang Eats. Management is clearly on the hunt for profitable markets where its unique delivery system and service offerings can have success. The stock, at this writing, trades at a reasonable price-to-sales multiple of 1.39. With the shares trading 15% off their recent highs, while the business has recently grown revenue at more than 20% year over year, investors should earn excellent returns over the next several years. PDD Holdings (NASDAQ: PDD) has given Alibaba, China's leading e-commerce company, a run for its money. PDD operates the Pinduoduo and Temu platforms, which are changing how people shop online, and it's delivering explosive growth in the process. The stock trades at just a single-digit earnings multiple that could prove to be a bargain. The company recognized early on that people were shopping less on desktop computers and more on their phones. It built its platform from the ground up for mobile devices, while following a consumer-to-manufacturer model that provides customers deep discounts on merchandise. Revenue tripled over the last three years, and it's not done. Pinduoduo has its roots in agriculture, as it allows customers to buy directly from farmers. This gives the company a powerful advantage in helping small businesses and farmers sell more goods, which leads to more growth and investment in bringing higher-quality items to consumers. This creates a positive growth cycle that doesn't seem to be reflected in the share price. Another key aspect of Pinduoduo's strategy is that it aims to combine the appeal of deep discounts with the fun of shopping with friends. It encourages customers to share items with their friends on social media and form shopping groups to get special discounts. This gamification strategy distinguishes the customer experience from competing platforms. Because the company generates revenue by charging transaction and marketing fees to merchants, it is highly profitable. Profit margin has doubled to nearly 30% over the last three years. Analysts expect its earnings per share to grow at an annualized rate of 21%. With the shares trading 39% off their previous peak, investors can buy shares for just 12 times the company's earnings. Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $304,759!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $40,808!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $517,445!* Right now, we're issuing 'Double Down' alerts for three incredible companies, and there may not be another chance like this anytime soon.*Stock Advisor returns as of March 18, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. John Ballard has positions in Coupang and PDD Holdings. The Motley Fool has positions in and recommends Amazon. The Motley Fool recommends Alibaba Group and Coupang. The Motley Fool has a disclosure policy. Nasdaq Correction: 2 Winning Stocks on Sale Right Now was originally published by The Motley Fool Sign in to access your portfolio
