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Coupang Inc - CPNG STOCK NEWS

Welcome to our dedicated news page for Coupang (Ticker: CPNG), a resource for investors and traders seeking the latest updates and insights on Coupang.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Coupang's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Coupang's position in the market.

News
Coupang to Announce First Quarter 2024 Results on May 7, 2024
Rhea-AI Summary
Coupang, Inc. (CPNG) is set to announce its first quarter 2024 financial results on May 7, 2024. The release will include an earnings report, presentation, and webcast available on the Coupang Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
Tags
earnings
-
News
Coupang Partners with the U.S. Department of Commerce to Co-host EMPOWER Asia Webinars to Promote U.S. Exports
Rhea-AI Summary
Coupang (CPNG) partners with the U.S. Department of Commerce and ITA to host webinars for women-owned businesses in the Food & Beverage and Apparel & Fashion industries aiming to access South Korea's consumer goods market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
Tags
partnership
-
News
Coupang Announces Results for Fourth Quarter 2023
Rhea-AI Summary
Coupang, Inc. (CPNG) reports strong financial results for Q4 2023 with net revenues of $6.6 billion, up 23% YoY. Gross profit increased to $1.7 billion, with a margin of 25.6%. Operating cash flow was $2.7 billion, and free cash flow reached $1.8 billion for the full year. The company's total net revenues for FY2023 were $24.4 billion, showing an 18% YoY growth. Coupang's active customers surpassed 21 million, and the WOW membership program had 14 million paid members by the end of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.99%
Tags
earnings
News
Coupang to Announce Fourth Quarter 2023 Results on February 27, 2024
Rhea-AI Summary
Coupang, Inc. (CPNG) will announce Q4 2023 financial results on February 27, 2024, with a live webcast. The release will be available after the U.S. market closes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.35%
Tags
earnings
-
News
Coupang Completes Acquisition of Farfetch
Rhea-AI Summary
Coupang, Inc. has completed the acquisition of Farfetch Holdings plc, providing access to $500M in capital. This allows Farfetch to continue delivering exceptional services for its brand and boutique partners and to more than four million customers globally. Leveraging Coupang’s operational excellence and logistics, Farfetch is now well-positioned for steady growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.71%
Tags
acquisition
-
News
Coupang to Acquire the Business and Assets of Farfetch Holdings, Bringing the Future of Commerce to the $400B Global Personal Luxury Goods Segment
Rhea-AI Summary
Coupang, Inc. (NYSE: CPNG) announces acquisition of Farfetch Holdings plc, positioning Coupang as a leader in the $400 billion global personal luxury goods segment. Coupang's operational excellence and innovative logistics combined with Farfetch's leading role in the luxury ecosystem will drive exceptional experiences for customers, boutiques, and brands worldwide. Farfetch gains access to $500 million of capital to continue providing exclusive brands and boutiques with cutting-edge technology. Coupang's proven track record and deep experience in revolutionizing commerce will enable exceptional service for brand and boutique partners, as well as millions of customers globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.11%
Tags
acquisition
News
Coupang Announces Results for Third Quarter 2023
Rhea-AI Summary
Coupang, Inc. (NYSE: CPNG) reports Q3 2023 net revenues of $6.2 billion, up 21% YoY, with a focus on operational excellence and customer experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.9%
Tags
earnings
-
News
Coupang to Announce Third Quarter 2023 Results on November 7, 2023
Rhea-AI Summary
Coupang to release Q3 2023 financial results on November 7, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.75%
Tags
earnings
-
News
Coupang Announces Results for Second Quarter 2023
Rhea-AI Summary
Coupang announces Q2 2023 financial results, with net revenues of $5.8 billion, up 16% YoY and 21% on an FX-neutral basis. Gross profit increased 32% YoY to $1.5 billion. Net income was $145 million, an improvement of $221 million YoY. Operating cash flow for the trailing twelve months was $2.0 billion, an increase of $2.3 billion YoY. Active customers grew by 10% YoY to 19.7 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.88%
Tags
earnings
News
Coupang to Announce Second Quarter 2023 Results on August 8, 2023
Rhea-AI Summary
Coupang, Inc. (CPNG) to Release Q2 2023 Financial Results on August 8, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
earnings
Stock CPNG logo
Coupang Inc

NYSE:CPNG

CPNG Rankings

#307 Ranked by Market Cap
#2080 Ranked by Stock Gains
N/A Ranked by Dividends

CPNG Stock Data

37.90B
1.26B
0.84%
80.78%
1.61%
Electronic Shopping
Retail Trade
Link
United States
Seattle

About CPNG

coupang is the world’s fastest growing e-commerce company and south korea’s answer to amazon. in only its fourth year, coupang boasts over 20mn subscribers and annual revenue run rate of over $2bn. it is the no. 1 player in mobile e-commerce in korea, which is a massive $50bn market opportunity. on top of that, in dec 2014, we raised $300mn in an investment led by blackrock blk private equity partners. it comes less than five months after we received $100mn in a round led by sequoia capital global equities and sequoia heritage venture funds, which then valued the company at more than $1bn.