Coupang Inc
NYSE:CPNG
Coupang Inc
Total Current Assets
Coupang Inc
Total Current Assets Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Total Current Assets | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Coupang Inc
NYSE:CPNG
|
Total Current Assets
$7.9B
|
CAGR 3-Years
41%
|
CAGR 5-Years
45%
|
CAGR 10-Years
N/A
|
Coupang Inc
Glance View
Coupang Inc., often hailed as the "Amazon of South Korea," has rapidly transformed the landscape of e-commerce with its relentless focus on customer experience and logistical prowess. Founded in 2010 by Bom Kim, the company has leveraged technology to build an unparalleled delivery network across South Korea. The key to its operational triumph lies in its "Rocket Delivery" service, promising same-day or next-day delivery for millions of items. By owning and operating its fulfillment and logistics infrastructure, Coupang ensures reliability and speed, which are paramount in winning consumer loyalty in a highly competitive market. This approach not only reduces dependency on third-party providers but also allows for the optimization of its service through data-driven insights, resulting in enhanced efficiency and customer satisfaction. Coupang's business model extends beyond simply connecting buyers and sellers; it envelops an ecosystem of value-added services that complement its core e-commerce operations. While the bulk of its revenue is derived from direct retail sales, it also generates significant income from marketplace fees where third-party sellers list their products. Moreover, Coupang has been diversifying into areas like food delivery through Coupang Eats, and live streaming with Coupang Play, aiming to mirror the lifestyles and habits of its massive user base. The company’s strategic diversification not only fortifies its revenue streams but also fosters an ecosystem that keeps users within the Coupang universe, thus creating a robust and expansive business model tailored to the dynamic needs of its growing consumer demographic.
See Also
What is Coupang Inc's Total Current Assets?
Total Current Assets
7.9B
USD
Based on the financial report for Dec 31, 2023, Coupang Inc's Total Current Assets amounts to 7.9B USD.
What is Coupang Inc's Total Current Assets growth rate?
Total Current Assets CAGR 5Y
45%
Over the last year, the Total Current Assets growth was 35%. The average annual Total Current Assets growth rates for Coupang Inc have been 41% over the past three years , 45% over the past five years .