Coupang - Valuation Analysis
Our base case valuation of Coupang is EV of $55.6 billion and implied market cap of $60.1 billion. We have used EV/GP as our primary method of...
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Tencent Placement Lock-Up Expiry - US$10bn+ Block and Buyback Linked Holdco Trade
On 22nd March 2018, after market close, one of the largest overnight placements was launched. On that day, Naspers reluctantly sold US$10bn worth...
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Coupang Pre-IPO - Fair Bit of Competition but It's Doing Better than Most Local Peers
Coupang (CPNG US) , the largest product e-commerce player in Korea, aims to raise around US$3bn in its US listing via a mix of selling primary and...
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Coupang IPO: Competitive Analysis
In this insight, we provide a detailed, competitive analysis of Coupang. In particular, we focus on the top 10 competitors to Coupang in Korea in...
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Coupang Pre-IPO - The Negatives - Horrendous Data Disclosures, Including No Mention of OTT Launch
Coupang (CPNG US) , the largest product e-commerce player in Korea, aims to raise around US$3bn in its US listing via a mix of selling primary and...
376 Views