Better Buy: Sea Limited vs. Coupang
Sea Limited (NYSE: SE) and Coupang (NYSE: CPNG) are two of the fastest growing e-commerce companies in Asia. Sea owns Shopee, the largest e-commerce platform in Southeast Asia and Taiwan, while Coupang owns the largest online marketplace in South Korea.
The market has been much kinder to Sea than Coupang. Sea went public at $15 per share in October 2017 and is now trading at nearly $300 a share. Coupang, which went public this March, is only hovering slightly above its IPO price of $35 a share. Let's see why Sea attracted more bullish investors than Coupang, and if it will remain ahead of its South Korean counterpart.
Image source: Getty Images.
Source Fool.com
