Investors can buy this stock at a bargain price compared to other technology companies today.
Long-time investors in Amazon have gained generational wealth. A company that may be following in its footsteps is Coupang ( CPNG -0.62% ) . The South Korean technology giant has built an Amazon-like e-commerce service that is rapidly gaining share in its home market due to its fast delivery and wide selection for shoppers.
Now, it is taking inspiration from Amazon in another business line. How? By expanding its cloud computing division to focus on artificial intelligence ( AI ) and selling to third parties. Here's the skinny on Coupang's grand ambitions, and why the technology stock may be a perfect fit in your portfolio today.
Betting on the AI cloud
Pioneering the cloud comp