Bernstein Touts Coupang (CPNG) as a Clear Winner in Korean e-Commerce Market
Coupang Inc. (NYSE:CPNG) is one of the top e-commerce stocks with long-term potential. On June 19, Bernstein reiterated that the company is well-positioned to capitalize on the 5% growth in the Korean e-commerce market between 2025 and 2027.
A close-up of a customer using the company's e-commerce platform whilst shopping online.
Bernstein has identified Coupang as one of the clear winners, as penetration in the Korean e-commerce market is projected to increase to 46% by 2027 from 42%. The increase should be fueled by the percentage of internet users shopping online rising to 86% from 83%.
Success in free shipping policy and rapid delivery offerings are some of the factors that Bernstein expects to continue strengthening Coupang’s market share in the burgeoning segment. Additionally, cross-selling between food delivery and product commerce is expected to accelerate growth.
Coupang Inc. (NYSE:CPNG) is a technology and e-commerce company that provides retail, delivery, video streaming, and fintech services to customers. It is best known for its innovative logistics infrastructure and focus on rapid delivery through a network of fulfillment centers and last-mile delivery capabilities.
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Disclosure: None. This article is originally published at Insider Monkey.
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