Michael Vi Investment Thesis Coupang (NYSE:CPNG) delivers a mixed Q2 2024 result. That's the headline, a miss on its topline, which saw its share price slump by more than 5% after hours. However, I argue that there's a lot more to this investment under the surface. And yet, the issue with Coupang is that there's so much under the surface, that makes surfacing a clean narrative a challenge. For my part, I like this investment a lot. Even though I recognise that in the market's impatience, this stock may rema ...

Core Viewpoint - Coupang, Inc. reported quarterly earnings of $0.07 per share, significantly exceeding the Zacks Consensus Estimate of $0.01 per share, marking a 600% earnings surprise [1] - The company also posted revenues of $7.32 billion for the quarter, surpassing the Zacks Consensus Estimate by 0.43% and showing a year-over-year increase from $5.84 billion [2] Financial Performance - Coupang's earnings for the previous year were $0.08 per share, indicating a slight decline in earnings year-over-year [1] - The company has surpassed consensus EPS estimates two times over the last four quarters and has topped revenue estimates four times in the same period [2] Stock Performance - Coupang shares have increased approximately 25.7% since the beginning of the year, outperforming the S&P 500's gain of 8.7% [3] - The current Zacks Rank for Coupang is 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is $0.01 on revenues of $7.72 billion, and for the current fiscal year, it is also $0.01 on revenues of $30.3 billion [7] - The Internet - Commerce industry, to which Coupang belongs, is currently ranked in the top 29% of over 250 Zacks industries, indicating a favorable outlook for the sector [8]

coupang Q2 2024 Financial Results August 6, 2024 Disclaimer Forward-Looking Statements This presentation may contain statements that may be deemed to be "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Act"), that are intended to enjoy the protection of the safe harbor for forward-looking statements provided by the Act as well as protections afforded by other federal securities laws. We have based the forward-looking statements contained ...

Coupang, Inc. (NYSE:CPNG) Q2 2024 Earnings Conference Call August 6, 2024 5:30 PM ET Company Participants Mike Parker - Vice President of Investor Relations Bom Kim - Founder & Chief Executive Officer Gaurav Anand - Chief Financial Officer Conference Call Participants Stanley Yang - JPMorgan Eric Cha - Goldman Sachs Seyon Park - Morgan Stanley Jiong Shao - Barclays James Lee - Mizuho Operator Hello, everyone. My name is Krista, and I will be your conference operator today. At this time, I would like to welc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File No. 001-40115 COUPANG, INC. (Exact name of Registrant as specified in its charter) Delaware 27-2810505 (State or other jurisdic ...

Exhibit 99.1 Coupang Announces Results for Second Quarter 2024 Net Revenues of $7.3 billion, up 25% YoY and 30% on an FX-neutral basis Gross Profit of $2.1 billion, up 41% YoY Product Commerce segment adjusted EBITDA of $530 million, up $122 million YoY, with a margin of 8.2% SEATTLE - (BUSINESS WIRE) August 6, 2024—Coupang, Inc. (NYSE: CPNG) today announced financial results for its second quarter ended June 30, 2024. Consolidated Highlights: • Net revenues were $7.3 billion, up 25% YoY on a reported basis ...

Company Overview - Coupang, Inc. (CPNG) is expected to report quarterly earnings of $0.04 per share, reflecting a year-over-year decline of 50% [4] - The company is anticipated to generate revenues of $7.29 billion, which is a 24.9% increase compared to the same quarter last year [1] Earnings Expectations - The earnings report is scheduled for August 6, 2024, and could influence the stock price depending on whether the results meet or exceed expectations [3] - The consensus EPS estimate for Coupang has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [6] Earnings Surprise Prediction - Coupang's Earnings ESP (Expected Surprise Prediction) is currently at -75%, suggesting a bearish sentiment among analysts regarding the company's earnings prospects [9] - The company had a surprise of -16.67% in the last reported quarter, where it was expected to post earnings of $0.06 per share but only achieved $0.05 [10] Comparison with Industry Peers - Wayfair (W) is expected to report earnings per share of $0.50 for the quarter ended June 2024, indicating a year-over-year increase of 138.1% [17] - Wayfair's revenues are projected to be $3.18 billion, a slight increase of 0.3% from the previous year [17] - Wayfair has an Earnings ESP of 43.43%, suggesting a strong likelihood of beating the consensus EPS estimate [26]

Retail Market Overview - The retail market in South Korea is projected to grow at a CAGR of 3.2% from 2023 to 2028, reaching $460.1 billion by 2028, up from $392.4 billion in 2023 [2] - Online retail sales in South Korea grew by 5.2% in 2023, accounting for 31.8% of total retail sales, with a value of $124.7 billion [2] Online Retail Growth - South Korea's online retail market is expected to grow at a CAGR of 7.9% from 2023 to 2028, reaching $182.7 billion by 2028 [8] - Key drivers for online retail growth include high smartphone penetration, advanced logistical infrastructure, and a tech-savvy population [8] Mobile Commerce - Mobile devices account for 70.3% of online retail sales in South Korea, with smartphones being the preferred device for online shoppers [5][9] - Categories with the highest share of mobile commerce include pet products (81.9%), goods for infants and children (81.7%), and fashion & accessories (77.4%) [5] Live Commerce - Live commerce accounted for 1.3% of total online retail sales in 2023 and is expected to grow to 6% by 2028 [4][16] - Naver Shopping Live and Kakao Shopping Live are the preferred platforms for live commerce buyers [16] Market Leaders - The top three players in South Korea's online retail market accounted for 67.4% of the market share in 2023 [9] - Coupang leads with a 39.7% market share, followed by Naver and Gmarket [9] Product Categories - The report covers 11 product categories, including computer hardware, consumer electronics, personal care, clothing, and groceries [18] - Online retail sales are broken down by category, with detailed historic and forecast data from 2009 to 2023 [18] Payment and Retailer Preferences - Preferred payment methods and online retailers are analyzed, with Coupang, Naver, and Gmarket being the top choices [20] - The report also provides insights into online buyers' purchase behavior and preferred product categories [20] Report Details - The report includes 44 pages of key findings, an Excel sheet with historic and forecast data, and an analyst presentation [10][11] - It covers the period from 2023 to 2028, with an estimated market value of $124.7 billion in 2023 and a forecasted value of $182.7 billion by 2028 [10]

Coupang, Inc. (CPNG) closed the latest trading day at $20.18, indicating a +1.97% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 1.11% for the day. Meanwhile, the Dow experienced a rise of 1.64%, and the technology-dominated Nasdaq saw an increase of 1.03%. It is also worth noting that CPNG currently has a PEG ratio of 1959.41. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings gr ...

Coupang, Inc. (CPNG) closed at $21.31 in the latest trading session, marking a +0.61% move from the prior day. This change lagged the S&P 500's 0.64% gain on the day. On the other hand, the Dow registered a gain of 1.85%, and the technology-centric Nasdaq increased by 0.2%. Shares of the company have appreciated by 3.12% over the course of the past month, outperforming the RetailWholesale sector's gain of 2.58% and lagging the S&P 500's gain of 3.82%. The investment community will be closely monitoring the ...