US EditionCoupang Surpasses $8 Billion Mark: Record Revenue And Profit Turnaround Amid Taiwan Expansion
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.3 Articles
3 Articles
Coupang Surpasses $8 Billion Mark: Record Revenue And Profit Turnaround Amid Taiwan Expansion
read the original version on: www.retailnews.asia South Korean retail behemoth Coupang has experienced substantial growth this year, boasting a record revenue of $8.52 billion in Q2, a rise of 19% year-over-year with an FX-neutral basis. This marks the first time the company has surpassed the $8 billion mark. Additionally, Coupang achieved a net profit of $31 million, a significant turnaround from […] The post Coupang Surpasses $8 Billion Mark: …
[Digital Daily Reporter Yoo Chae-ri] Coupang has solidified its dominance in e-commerce. It surpassed market expectations by recording its highest quarterly sales. In particular, it strengthened its core competitiveness through growth in product commerce. Furthermore, it expanded its growth momentum with positive performance in new businesses such as luxury goods platform Farfetch and Taiwanese Rocket Delivery. According to Coupang Inc.'s conso…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
