Coupang, Inc. owns and operates a retail business, which primarily serves the Korean retail market. Through its mobile applications and Internet websites, it offers products and services that span a range of categories, including home goods and decor, apparel and beauty products, fresh food and grocery, sporting goods, electronics, everyday consumables, travel, restaurant order and delivery, content streaming, and advertising. Its Product Commerce segment primarily includes core Korean retail (owned inventory) and marketplace offerings and Rocket Fresh, its fresh grocery offering, as well as advertising products associated with these offerings. We show 17 historical shares outstanding datapoints in our CPNG shares outstanding history coverage, used to compute CPNG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CPNG market cap history over the course of time is important for investors
interested in comparing CPNG's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CPNG versus a peer is one thing; comparing
CPNG market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CPNG can fluctuate over the course of history.
With this page we aim to empower investors researching CPNG by allowing them to research the CPNG market cap history. |
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Video: The Importance of Market Cap
