Coupang Inc. reported a significant improvement in operating income and net income for Q1 2025, with a fourfold increase in operating income from the same period last year. The company’s revenue reached a record high of $7.98 billion, up 21% from the previous year. The company’s core business sector, ‘Product Commerce’, saw a steady growth, while its growth business sector, including luxury e-commerce ‘Papetee’, Taiwan Rocket Delivery, and Coupang Eats, surged 78% from the same period last year. Despite a deficit trend in adjusted EBITDA, the company announced a share buyback program worth up to $1 billion.
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Auto-posted at: 2025-05-07 09:05:53