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03.11.26 - 22:06
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Coupang Announces Results for Third Quarter 2026 (Business Wire)
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Net Revenues of $10 billion, up 7% YoY and 11% on a constant currency basis
Product Commerce Segment Net Revenues of $8.4 billion, up 5% YoY and 8% on a constant currency basis
Developing Offerings Segment Net Revenues of $1.6 billion, up 23% YoY and 27% on a constant currency basisSEATTLE--(BUSINESS WIRE)--Coupang, Inc. (NYSE: CPNG) today announced financial results for its third quarter ended September 30, 2026.
Q3 2026 Consolidated Highlights:
Total net revenues were $10.0 billion, up 7% YoY on a reported basis and 11% YoY on a constant currency basis, exceeding our guidance of 8% to 9% growth in constant currency revenues.
Gross profit was $2.6 billion, decreasing 6% YoY on a reported basis and 3% YoY on a constant currency basis. Gross profit margin was 25.7%, a decrease of 364 bps YoY. Excluding FC fire-related costs in Korea, gross profit was $2.7 billion, and gross profit margin was 26.7%.
Operating (loss) income was $(450) million, a decrease of $612 million from the operating income last year. E...
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03.11.26 - 04:06
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Nvidia strengthens South Korea ties at AI Day Seoul (Digitimes)
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Nvidia will showcase its expanding partnerships with South Korean companies at AI Day Seoul, where Samsung Electronics and SK Hynix will present semiconductor development cases using Nvidia AI technologies. LG Electronics and Doosan Robotics will demonstrate robotics technologies, while SK Telecom (SKT), Naver Cloud, and Coupang will discuss the development and operation of AI data centers and infrastructure....
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20.10.26 - 22:06
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Coupang to Announce Third Quarter 2026 Results on November 3, 2026 (Business Wire)
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SEATTLE--(BUSINESS WIRE)--Coupang, Inc. (NYSE: CPNG) will release its third quarter 2026 financial results on Tuesday, November 3, 2026. The release will be available after U.S. market close and an accompanying live webcast will begin at 2:30 PM PT/ 5:30 PM ET the same day.The earnings release, presentation, and webcast will be available at the Coupang Investor Relations website, https://ir.aboutcoupang.com. Following the call, a replay and related transcript will be available at the same website.About CoupangCoupang is a technology and Fortune 150 company listed on the New York Stock Exchange (NYSE: CPNG) that provides retail, restaurant delivery, video streaming, and fintech services to customers around the world under brands that include Coupang, Eats, Play, Rocket Now, and Farfetch. It operates in over 190 countries and territories around the world. Contacts For media:Coupang PRpress@coupang.comFor investors:Coupang IRir@coupang.com...
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