Mar 14, 2022 <CPNG>

Coupang has been listed in NYSE in Mar 2021. That shocked Korea. Until then, most of Koreans thought Coupang is still small venture company even though it's growing fast. Every day we could see news about Coupang at the top line in the news papers. But there were also growing concerns and jealousy. The main concern is the deficit keeps increasing. But I think in shopping mall industry, infra is the most important and Coupang is continuously investing on the infra, which is making entry barriers high. I think this should be considered more than the current deficit at this moment.