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Coupang, Inc. (CPNG) to Release Q2 2023 Financial Results on August 8, 2023
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SEATTLE & SEOUL, South Korea--(BUSINESS WIRE)--
Coupang, Inc. (NYSE: CPNG) will release its second quarter 2023 financial results on Tuesday, August 8, 2023 (Eastern Time). The release will be available after U.S. market close and an accompanying live webcast will begin at 5:30 PM Eastern Time the same day.
The earnings release and webcast will be available at the Coupang Investor Relations website, https://ir.aboutcoupang.com. Following the call, a replay and related transcript will be available at the same website.
About Coupang
Coupang is one of the largest tech retailers in Asia, with a mission to revolutionize the everyday lives of its customers and create a world where people wonder, “How did we ever live without Coupang?” Coupang offers a variety of services, including same-day and next-morning delivery of general merchandise and groceries, delivery of prepared foods through Coupang Eats, and video streaming through Coupang Play. Coupang is headquartered in the United States, with operations and support services performed in markets including South Korea, Taiwan, Singapore, and China.
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.
