Coupang Inc has reported its highest-ever quarterly sales of 11.4876 trillion won ($7.98 billion), a 21% increase from the same period last year, marking the first time its quarterly sales have surpassed 11 trillion won. Operating profit for the same period was 233.7 billion won ($154 million), up 340% from the previous year. The company also announced a share buyback program worth $1 billion (approximately 1.4 trillion won), the largest since its listing on the New York Stock Exchange in March 2021.
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Auto-posted at: 2025-05-07 21:05:56