Increased monthly membership fees and improved operational efficiency has led Coupang to raise its earnings forecast for the year and reduce its losses.
Investors can utilize an exchange traded fund strategy to capitalize on the digital growth opportunity in emerging markets’ internet and e-commerce sectors.
Despite maintaining its strong growth trajectory in the first quarter with revenues up over 60%, the valuation for MercadoLibre Inc. (NASDAQ: MELI) has compressed aggressively over the last year.