Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following sectors:
- Technology (E-commerce, SaaS, Internet)
- Consumer 
- Special Situations/Deep Value Plays
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Oasis Corp: Market Leader of Organic Foods Online Sales in Korea

A Pair Trade Between Emart & Coupang (Potential End of Mandatory Shut Down Rules for Hypermarkets)

ESG Analysis of a Korean E-Commerce Giant: Did Coupang's ESG Performance Really Improve?

Coupang: Four Major Factors to Drive Higher Profit Margins in 2022

Softbank Sells $1.69 Billion Worth of Coupang Post Lockup Expiration - Overhang Concerns Continue

Softbank Sells $1.0 Billion Additional Worth of Coupang: Continued Overhang Concerns

The Blockchain Delusion. A (Mostly) Bearish Investment Thesis.

Equity Bottom-Up

<ul>
<li>Coupang reported better than expected results in 1Q 2022. Coupang had operating loss of $205.7 million in 1Q 2022, which was 31% better than consensus. </li>
<li>This is a High Conviction turnaround story marked by significant improvement in profit margins. The company's gross profit increased by an impressive 42% YoY. </li>
<li>Given Coupang's excellent earnings in 1Q 2022, the tide has turned on Coupang and there is likely to be improving positive sentiment on this stock in the next several weeks.</li>
</ul>


Coupang reported better than expected results in 1Q 2022. Coupang had operating loss of $205.7 million in 1Q 2022, which was 31% better than consensus. 
This is a High Conviction turnaround story marked by significant improvement in profit margins. The company's gross profit increased by an impressive 42% YoY. 
Given Coupang's excellent earnings in 1Q 2022, the tide has turned on Coupang and there is likely to be improving positive sentiment on this stock in the next several weeks.


Coupang 1Q 2022 Earnings: Beats Consensus Earnings Estimates (A High Conviction Turnaround Play)