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Better Buy: Coupang vs. Amazon

TheMotleyFool

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Coupang (NYSE: CPNG) is often called the "Amazon (NASDAQ: AMZN) of South Korea." It's the country's largest e-commerce company and maintains its lead with a "Rocket Delivery" service that delivers packages within a few hours or a single day.

Coupang went public this March at $35 per share and opened at $63.50, but only trades at about $40 a share today. The market's current distaste for growth stocks, Coupang's mixed earnings report in May, and a warehouse fire earlier this month all seemed to drag down the stock. Should investors still expect Coupang to generate Amazon-like gains in the future, or should they simply stick with Amazon instead?

Image source: Getty Images.

Source Fool.com

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