coupang

Coupang Reports Strong Growth and Profitability in Q3
Coupang Reports Strong Growth and Profitability in Q3
November 07, 2023  |  Earnings

Coupang has reported strong financial results for the third quarter of 2023. The company’s net revenues reached $6.2 billion, with a year-over-year growth of 21%...

READ MORE >
CE100 Index Dips 2.6%, Led by Vroom’s Post-Earnings Skid
CE100 Index Dips 2.6%, Led by Vroom’s Post-Earnings Skid
August 14, 2023  |  Connected Economy

Vroom and Roblox were notable double-digit decliners, more than offsetting the positive impact of stock surges seen from the likes of Cogent.  The CE 100...

READ MORE >
Online Retailer Coupang Reports 10% Growth in Active Customers
Online Retailer Coupang Reports 10% Growth in Active Customers
August 09, 2023  |  Earnings

Coupang Inc., the South Korean online retailer known for its early and one-day delivery, posted its fourth consecutive quarterly profit, driven by efficiencies in logistics and...

READ MORE >
CE 100 Index Notches 2.7% Gain as eCommerce Platforms Surge
CE 100 Index Notches 2.7% Gain as eCommerce Platforms Surge
January 09, 2023  |  Connected Economy

One week in, and the CE 100 Index has already gained some ground, up 2.7%. This time around, the tailwind came as investors notably bid...

READ MORE >
Coupang Builds Momentum With ‘Milestone’ Q3 Profit
Coupang Builds Momentum With ‘Milestone’ Q3 Profit
November 10, 2022  |  Retail

South Korean eCommerce platform Coupang reported its first-ever profit Wednesday (Nov. 9), a landmark the company attributed to its investments in technology. “We achieved another...

READ MORE >
Today in B2B Payments: Firms Raise Money for Events Industry, SMB Platforms
Today in B2B Payments: Firms Raise Money for Events Industry, SMB Platforms
September 22, 2022  |  B2B Payments

Today in B2B payments, Carats & Cake raises $10.6 million to grow its financial operating system for the events industry, while Brightflow AI raises $19M...

READ MORE >
ShipStation, Coupang Partner to Help Merchants Enter S. Korean Market
ShipStation, Coupang Partner to Help Merchants Enter S. Korean Market
September 22, 2022  |  B2B Payments

Cloud-based eCommerce shipping solution ShipStation has partnered with South Korean online retailer Coupang to make it easier for businesses to enter new markets with efficient...

READ MORE >
After 17-Month Slog, Coupang Sees Light at the End of the Losses
After 17-Month Slog, Coupang Sees Light at the End of the Losses
August 11, 2022  |  eCommerce

It’s hard to imagine that Coupang — often called “the Amazon of South Korea” — had its best day 17 months ago, when it briefly...

READ MORE >
Today in Retail: Discount Stores Become More Popular as Inflation Rises; UK Modernizes ‘Basket of Goods’ to Reflect Consumption Habits
Today in Retail: Discount Stores Become More Popular as Inflation Rises; UK Modernizes ‘Basket of...
March 14, 2022  |  Retail

Today in retail, SoftBank sells $1 billion in shares of eCommerce platform Coupang while brand aggregator Flummox raises $12.9 million to invest in its portfolio....

READ MORE >