Coupang is South Korea's largest e-commerce platform that sells both owned and third-party inventory. Headquartered in the US, Coupang operates e-commerce businesses mainly in South Korea and Taiwan. The company has built an integrated logistics network that covers the entirety of South Korea, with extensive fulfillment centers that ensure timely delivery, even for orders placed seconds before midnight. Outside of its bread-and-butter e-commerce business, Coupang has expanded into Rocket delivery services to third-party merchants (fulfillment and logistics by Coupang), online grocery delivery Rocket Fresh, online meal delivery (Eats), e-commerce in Taiwan, luxury e-commerce (Farfetch), and travel.
The chart shows the growth of an initial investment of $10,000 in Coupang, Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Coupang, Inc. (CPNG) has returned -20.04% so far this year and -8.94% over the past 12 months. Looking at the last ten years, CPNG has achieved an annualized return of -11.39%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Coupang, Inc. (CPNG) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -14.94% | -5.15% | 1.89% | 0.53% | ||||||||
| 2025 | 6.67% | 3.13% | -7.78% | 6.96% | 17.66% | 6.81% | -2.03% | -0.28% | 13.90% | -1.48% | -12.03% | -13.59% |
| 2024 | -12.72% | 30.51% | -3.63% | 26.19% | 0.40% | -7.95% | -0.95% | 7.00% | 11.64% | 5.01% | -2.31% | -13.23% |
| 2023 | 12.38% | -7.68% | 3.96% | 6.01% | -6.08% | 11.97% | 3.12% | 5.04% | -11.23% | 0.29% | -9.96% | 5.54% |
| 2022 | -29.78% | 29.18% | -33.13% | -28.97% | 4.73% | -6.39% | 31.78% | -1.34% | 0.36% | 2.61% | 9.56% | -23.23% |
| 2021 | -22.28% | -15.88% | -4.02% | 1.50% | -13.79% | -17.96% | -7.17% | 6.59% | -10.71% | 10.24% |
The charts below present risk-adjusted performance metrics for Coupang, Inc. (CPNG) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of CPNG compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Coupang, Inc. volatility is 3.21%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 17.79B | 15.34B | 13.35B | 9.51B | 8.64B |
| Temporary Equity Attributable To Parent (USD) | - | - | - | - | - |
| Temporary Equity (USD) | - | 75.00M | 15.00M | - | - |
| Equity Attributable To Parent (USD) | 4.62B | 4.10B | 4.09B | 2.41B | 2.18B |
| Equity Attributable To Noncontrolling Interest (USD) | - | -1.00M | - | - | - |
| Equity (USD) | 4.62B | 4.10B | 4.09B | 2.41B | 2.18B |
| Redeemable Noncontrolling Interest (USD) | - | 75.00M | 15.00M | - | - |
| Other Non-current Liabilities (USD) | 3.16B | 2.46B | 1.77B | 1.50B | 1.44B |
| Long-term Debt (USD) | 648.00M | 988.00M | 529.00M | 537.88M | 283.19M |
| Noncurrent Liabilities (USD) | 3.81B | 3.45B | 2.30B | 2.04B | 1.72B |
| Other Current Liabilities (USD) | 3.06B | 2.16B | 1.85B | 1.44B | 1.30B |
| Accounts Payable (USD) | 6.30B | 5.55B | 5.10B | 3.62B | 3.44B |
| Current Liabilities (USD) | 9.36B | 7.72B | 6.95B | 5.06B | 4.74B |
| Liabilities (USD) | 13.16B | 11.17B | 9.24B | 7.10B | 6.47B |
| Other Non-current Assets (USD) | 4.18B | 3.27B | 2.99B | - | - |
| Intangible Assets (USD) | 190.00M | 271.00M | - | - | - |
| Fixed Assets (USD) | 3.72B | 2.81B | 2.47B | - | - |
| Noncurrent Assets (USD) | 8.10B | 6.35B | 5.45B | 3.68B | 3.01B |
| Other Current Assets (USD) | 7.28B | 6.72B | 5.91B | 3.99B | 4.04B |
| Inventory (USD) | 2.26B | 2.10B | 1.67B | 1.66B | 1.42B |
| Accounts Receivable (USD) | 155.00M | 174.00M | 314.00M | 184.46M | 175.35M |
| Current Assets (USD) | 9.69B | 8.99B | 7.89B | 5.83B | 5.64B |
| Assets (USD) | 17.79B | 15.34B | 13.35B | 9.51B | 8.64B |
Saudi Arabia's Public Investment Fund is reportedly in talks to anchor SpaceX's IPO with a $5 billion investment. However, the article cautions that early IPO access doesn't guarantee returns, citing PIF's previous investment in Coupang as a cautionary tale. Coupang surged above its $35 IPO price in 2021 but eventually fell to nearly $8, wiping out significant post-IPO value. The article emphasizes that timing, valuation, and post-listing dynamics often matter more than access itself.
With the Nasdaq entering a correction (down 10% from highs), the article highlights two e-commerce stocks trading significantly below recent peaks as potential buying opportunities. MercadoLibre, the Amazon of Latin America, has leveraged its fintech division (Mercado Pago) to achieve 47% year-over-year revenue growth despite being down 39% from highs. Coupang, South Korea's e-commerce leader, is down 46% from all-time highs but is recovering from a data breach scandal and expanding into Taiwan with triple-digit growth.
Coupang has announced a partnership with Nvidia to build an AI factory that will optimize its e-commerce and logistics operations using Nvidia's latest chips and software. Despite a recent data leak scandal that caused the stock to drop 44% from its October peak, Coupang is recovering with revenue growth resuming in February. The company trades at a cheap valuation with a P/S ratio of 1, supported by strong fundamentals including 151% revenue growth over five years and positive free cash flow.
E-commerce stocks Coupang and MercadoLibre are trading at significant discounts despite strong market positions and growth opportunities. Coupang, operating primarily in South Korea, is recovering from a data breach but showing signs of recovery. MercadoLibre, a Latin American e-commerce and fintech leader, faces short-term margin compression from reinvestment but offers attractive long-term valuation potential.
Abdiel Capital Advisors sold 1,075,738 shares of Appian (worth $38.32 million) in Q4 2025, reducing its stake to 12.4% of assets. Appian shares have fallen 28.1% over the past year and underperformed the S&P 500 by 39.1 percentage points. Despite the reduction, Abdiel maintains a double-digit allocation, suggesting risk management rather than abandonment of the investment thesis.
Coupang stock has declined 26% over the past year following a data breach affecting 34 million South Korean accounts and subsequent government investigations. However, the author argues this presents a buying opportunity for long-term investors, as the company's core business remains strong with 20% revenue growth, 10% customer growth, and positive free cash flow. Trading at a $32 billion market cap with $33.66 billion in revenue, the stock could offer attractive returns if the company reaches projected $50 billion revenue with 10% EBITDA margins.
Rosen Law Firm has filed a class action lawsuit against Masonite International Corporation on behalf of investors who sold common stock between June 5, 2023 and February 8, 2024. The lawsuit alleges that defendants made material omissions and misrepresentations concerning Owens Corning's acquisition offers and Masonite's share repurchases without disclosing material nonpublic information that would have indicated the stock was worth significantly more. The firm is also investigating claims against Coupang, Inc. and New Era Energy & Digital, Inc.
Rosen Law Firm reminds Coupang investors of the February 17, 2026 deadline to join a securities class action lawsuit. The lawsuit alleges that Coupang made false statements regarding inadequate cybersecurity protocols that allowed a former employee to access sensitive customer information for nearly six months without detection, and failed to properly report the data breach to the SEC.
Holzer & Holzer, LLC announced lead plaintiff deadlines for shareholder class action lawsuits against SLM Corporation, Coupang, Inc., and Klarna Group plc. SLM faces allegations regarding false statements about loan modification programs, Coupang faces claims about inadequate cybersecurity protocols, and Klarna faces allegations about undisclosed risks regarding loss reserves post-IPO. All three cases have February 2026 deadlines for lead plaintiff appointments.
Kahn Swick & Foti, LLC announces class action securities lawsuits against Coupang, Inc. for alleged securities fraud between May 7, 2025 and December 16, 2025. The lawsuit claims Coupang failed to disclose inadequate cybersecurity protocols that allowed a former employee to access sensitive customer information for nearly six months without detection, and failed to properly report the data breach in compliance with SEC rules. Investors have until February 17, 2026 to request appointment as lead plaintiff.
