gross margin

Korean EC giant Coupang struggles to shake broken IPO moniker

With revenues exceeding $12bn (2020) and a market share exceeding 25% in Korea, Coupang is no minnow. The company operates a marketplace for home goods, apparel, beauty, electronics and a fresh business (called Rocket Fresh). Like Amazon, it also has an advertising business which has blossomed spectacularly. The only sour note is the share price …

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Photo: Manish Panghal

The (legal) marijuana business: a future hidden in clouds of smoke, hype and red tape?

Barclays Investment bank held its annual jamboree for the great and the good in the consumer products industry last week. On the roster were many familiar names: P&G, J&J, Kraft Heinz, Nestlé, Coca Cola and more. All the usual suspects. However one name intrigued me, Canopy Growth. I hadn’t heard of it. Founded in 2013, …

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