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Appreciate the focus on CPNG's operational model rather than just hyping the growth story. The logistics obsession angle is what actually seperates them from other e-commerce plays, especially in a dense market like Korea where delivery speed can be a real moat. Most retail investors overlook how hard it is to build that kind of infrastructure advantage. The comparison to Amazon makes sense but I'd argue CPNG's execution on last-mile has been even tighter given the urban density they're working with. Been watching their profitablity trajectory and it seems like they've figured out unit economics way faster than most. The key question is if they can replicate this playbook in other Asian markets without burning through cash.

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