Consumption RecoveryThe recovery in domestic consumption could be more beneficial to offline retailers in the near term, given the usage of consumption vouchers would be limited to some offline retailers.
Delivery StrategyCapping or reducing the commission rate for restaurant delivery apps could lead to reduced promotions, affecting Coupang's Eats strategy.
Regulatory ChallengesNew policies under the government could impose mandatory store closures on weekends and limit new store openings, potentially impacting Coupang's operations.