Welcome to our dedicated page for Coupang news (Ticker: CPNG), a resource for investors and traders seeking the latest updates and insights on Coupang stock.
Coupang Inc. (NYSE: CPNG), South Korea's e-commerce leader, leverages its advanced logistics network to deliver rapid customer service and innovative solutions. This news hub provides investors and market observers with essential updates on corporate developments, financial performance, and strategic initiatives shaping Asia's retail landscape.
Access real-time press releases and analysis covering earnings reports, partnership announcements, operational expansions, and service innovations like Rocket Fresh grocery delivery. Our curated collection ensures transparent tracking of Coupang's market position relative to competitors including Naver and Amazon.
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Coupang, a U.S. Fortune 200 technology company, has announced Rocket Pitch, a new initiative in partnership with the International Trade Administration to help American businesses sell products in South Korea. The program allows U.S. sellers to pitch consumer goods for the South Korean market through May 21-22 virtual events.
Selected participants will receive instant purchase orders and comprehensive support including marketing, translation, logistics, and customer service. Coupang, which currently facilitates $4 billion annually in U.S. product exports, will leverage its technology and fulfillment infrastructure that enables same-day, next-day, and dawn delivery services.
The program focuses on key categories including food and beverage, health supplements, baby care, sports nutrition, and personal care products. U.S. businesses can register through April 30 to participate in this initiative targeting South Korea, the world's fourth-largest e-commerce market, where 98% of 20-39 year-olds shop online.
The press release has been deleted by the news provider. No content is available for analysis.
Coupang (NYSE: CPNG) has scheduled the release of its first quarter 2025 financial results for Tuesday, May 6, 2025, after the U.S. market close. The company will host a live webcast at 2:30 PM PT/5:30 PM ET on the same day.
The earnings release, presentation materials, and webcast will be accessible through the Coupang Investor Relations website. A replay of the call and its transcript will be made available on the same platform following the event.
Coupang (CPNG) has been recognized as one of Fast Company's Most Innovative Companies for 2025, securing the No. 2 position in the Retail category. The company has made significant investments in its technological infrastructure, integrating artificial intelligence, robotics, and automation across its operations.
The company's machine learning and AI systems process trillions of daily predictions, powering various operations from search and advertising to payments and fulfillment. Coupang's global patent registrations have tripled to over 2,100 in the past four years. Their sophisticated cross-border trade operation facilitates the sale of more than $4 billion of American goods to consumers in over 190 countries.
The company's service offerings include next-day dawn delivery for millions of items including fresh groceries, free unlimited restaurant deliveries through Coupang Eats, and free streaming media via Coupang Play.
Coupang (NYSE: CPNG) reported strong Q4 2024 results with net revenues of $8.0 billion, up 21% YoY and 28% on an FX-neutral basis. Gross profit surged 48% YoY to $2.5 billion, with margin improving 570 bps to 31.3%.
The company's Product Commerce segment saw net revenues of $6.9 billion (+9% YoY) with active customers reaching 22.8 million (+10% YoY). The Developing Offerings segment, including Farfetch, grew 296% YoY to $1.1 billion.
For full-year 2024, Coupang achieved total net revenues of $30.3 billion (+24% YoY), with operating cash flow of $1.9 billion and free cash flow of $1.0 billion. Net income attributable to stockholders was $154 million, with diluted EPS at $0.08.
Coupang (NYSE: CPNG) has released its Q4 2024 financial results, showing strong growth across key metrics. Net revenues reached $8.0 billion, up 21% year-over-year (28% FX-neutral). The company reported gross profit of $2.5 billion, increasing 48% YoY with a margin of 31.3%.
The Product Commerce segment saw net revenues of $6.9 billion (+9% YoY) with 22.8 million active customers (+10% YoY). The Developing Offerings segment, including Farfetch, grew 296% YoY to $1.1 billion.
For full-year 2024, Coupang achieved:
- Total net revenues of $30.3 billion (+24% YoY)
- Gross profit of $8.8 billion (+43% YoY)
- Operating cash flow of $1.9 billion
- Free cash flow of $1.0 billion
- Net income attributable to stockholders of $154 million
Coupang has been recognized as one of the Top 100 Global Innovators for 2025 by LexisNexis, placing among the top 12 information technology companies globally. The U.S. technology and Fortune 200 company has shown remarkable growth in its patent portfolio, expanding from approximately 160 patents in 2019 to over 2,100 global patent registrations today.
The company now serves customers in more than 190 countries and territories, offering diverse services including retail, restaurant delivery, video streaming, and fintech under various brands. Coupang's innovation is driven by its global engineering teams, with a particular focus on AI-related patents that enhance order prediction, delivery optimization, and search functionality.
According to LexisNexis, Coupang's patent portfolio quality is nearly four times stronger than the industry average. The Top 100 ranking was determined by analyzing nearly 16 million global patent families, with Coupang's frequent patent citations contributing to its high ranking.
Coupang (NYSE: CPNG) has announced it will release its fourth quarter 2024 financial results on Tuesday, February 25, 2025, after U.S. market close. The company will host a live webcast at 5:30 PM Eastern Time on the same day. Investors can access the earnings release, presentation, and webcast through the Coupang Investor Relations website. A replay of the call and transcript will be made available on the same platform following the event.
Coupang announced that CEO Bom Kim has adopted a pre-arranged stock trading plan to sell up to 15 million shares of Class A Common Stock starting November 11, 2024. The plan, established under SEC Rule 10b5-1, will terminate upon completion of sales or by August 29, 2025. Kim will also donate up to 2 million shares to a charitable fund. These transactions represent less than 10% of Kim's current 174.8 million Class B shares. After completion, Kim will retain 157.8 million Class B shares and doesn't plan further transactions through 2025.
Coupang reported strong Q3 2024 results with net revenues of $7.9 billion, up 27% YoY and 32% on an FX-neutral basis. Gross profit increased 45% YoY to $2.3 billion, with margin improving 350 bps to 28.8%. Net income was $64 million, with diluted EPS at 4 cents. Excluding Farfetch, net income was $108 million with 6 cents EPS. Product Commerce segment saw 16% YoY growth with 22.5 million active customers, while Developing Offerings segment grew 347% YoY. Operating cash flow was $1.8 billion for trailing twelve months.
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