Coupang Inc (CPNG) Finds Winning Formula in Japan
Key takeaways
- Coupang Inc (CPNG) Finds Winning Formula in Japan Neha Gupta Mon, June 8, 2026 at 12:47 AM GMT+7 2 min read CPNG Coupang Inc (NYSE:CPNG) is one of the best stocks to buy according to billionaire Bill Gates.
- Coupang Inc (NYSE:CPNG) is shaking up Japan’s food delivery industry with its Rocket Now delivery service.
- Coupang has partnered with more than 10,000 restaurants across Japan to deliver meals through Rocket Now.
Coupang Inc (CPNG) Finds Winning Formula in Japan Neha Gupta Mon, June 8, 2026 at 12:47 AM GMT+7 2 min read CPNG Coupang Inc (NYSE:CPNG) is one of the best stocks to buy according to billionaire Bill Gates. The Street sees a more than 50% upside potential in Coupang stock from the current level.
Coupang Inc (NYSE:CPNG) is shaking up Japan’s food delivery industry with its Rocket Now delivery service. According to a June 3 report in the Nikkei Asia newspaper, Rocket Now is performing well against Uber Eats and other incumbents in Japan. The Rocket Now app downloads have surpassed 6 million since launch in January 2025.
Coupang has partnered with more than 10,000 restaurants across Japan to deliver meals through Rocket Now. But it’s how the arrangement works that stands out. Rocket Now provides meals at the same price as diners see on restaurant menus, it offers free delivery, and it does not charge a service fee. This model cuts costs for customers, drives order volumes for restaurants, and fuels the delivery business for Rocket Now.