Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2021 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 ot ...

Coupang, Inc. (NYSE:CPNG) Q3 2021 Earnings Conference Call November 12, 2021 7:00 AM ET Company Participants Michael Senno – Vice President of Investor Relations Bom Kim – CEO Gaurav Anand – CFO Conference Call Participants Eric Cha – Goldman Sachs Susie Lee – Bank of America Stanley Yang – JPMorgan Seungjoo Ro – CLSA James Lee – Mizuho John Yu – Citigroup Operator Good afternoon. My name is Josh, and I will be your conference operator today. At this time, I would like to welcome everyone to the Coupang Ear ...

Table of Contents 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: September 30, 2021 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 ( ...

Table of Contents 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, 2021 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 ...

Coupang, Inc. (NYSE:CPNG) Q2 2021 Earnings Conference Call August 11, 2021 5:30 PM ET Company Participants Michael Senno - VP, IR Bom Kim - Founder and CEO Gaurav Anand - CFO Conference Call Participants Eric Cha - Goldman Sachs Stanley Yang - JPMorgan John Yu - Citi Jennifer Han - UBS James Lee - Mizuho Operator Good afternoon. My name is Mattie and I will be your conference operator today. At this time, I would like to welcome everyone to the Coupang Earnings Conference Call. All lines have been placed on ...

Coupang, Inc. (NYSE:CPNG) Q1 2021 Earnings Conference Call May 12, 2021 5:30 PM ET Company Participants Michael Senno - Vice President, Investor Relations Bom Kim - Founder and Chief Executive Officer Gaurav Anand - Chief Financial Officer Conference Call Participants Stanley Yang - JPMorgan Eric Cha - Goldman Sachs Peter Milliken - Deutsche Bank Soyun Shin - Credit Suisse James Lee - Mizuho John Yu - Citi Operator Good afternoon. My name is Alexander and I will be your conference operator today. At this ti ...

Financial Performance - Total net revenues for Q1 2021 reached $4.21 billion, a 74% increase from $2.41 billion in Q1 2020[114] - Gross profit for Q1 2021 was $732.51 million, representing a 70% increase from $430.30 million in Q1 2020[114] - The net loss for Q1 2021 was $295.03 million, a 180% increase from a net loss of $105.35 million in Q1 2020[114] - Adjusted EBITDA for Q1 2021 was $(132.97) million, compared to $(41.85) million in Q1 2020, indicating a significant increase in losses[114] - Total net revenues for the three months ended March 31, 2021, were $4.21 billion, a 74% increase compared to $2.41 billion in the same period of 2020[141] - Adjusted EBITDA for the three months ended March 31, 2021, was $(132.97) million, with an adjusted EBITDA margin of (3.2)%[141] - Total net revenues, on a constant currency basis, grew by 63% compared to the prior year[141] Customer Metrics - Active Customers increased to 16.04 million, up 21% from 13.28 million in the previous year[114] - Net revenues per Active Customer rose to $262, a 44% increase from $182 in Q1 2020[114] - Net retail sales increased by $1.57 billion, or 70%, driven by a 21% growth in Active Customers and a 41% increase in net retail sales per Active Customer[144] - Net other revenue rose by $223 million, or 126%, primarily due to growth in Active Customers and expanded offerings on the marketplace[145] - The company emphasizes the importance of Active Customers as a key growth indicator for total net revenues and brand engagement[116] Cash Flow and Investments - Free cash flow for Q1 2021 was $(330.15) million, a notable decline from $246.66 million in Q1 2020[114] - The company reported a net cash used in operating activities of $(183.35) million for Q1 2021, compared to $314.72 million provided in Q1 2020[114] - Net cash used in operating activities was $(183) million for Q1 2021, a decrease of $(498) million compared to $315 million in Q1 2020[154] - Net cash used in investing activities increased to $(150) million for Q1 2021, up 134% from $(64) million in Q1 2020, driven by increased investments in fulfillment and logistics[155] - Net cash provided by financing activities was $3.5 billion for Q1 2021, significantly higher than $114 million in Q1 2020, primarily due to IPO proceeds[157] Equity and Debt - Stockholders' equity increased to $3.3 billion as of March 31, 2021, from a deficit of $(4.1) billion as of December 31, 2020[150] - Total cash and cash equivalents rose to $4.5 billion as of March 31, 2021, compared to $1.4 billion as of December 31, 2020[151] - A new revolving credit facility was established with an aggregate principal amount of up to $950 million, increasing to $1 billion post-IPO[160] - Interest expense decreased by $2 million, or 6%, due to the conversion of convertible notes into shares during the quarter[148] Future Outlook - The company plans to invest several billion dollars in infrastructure and workforce-related costs in Korea over the next few years[150] - The company anticipates needing additional cash resources for future investments, acquisitions, or strategic cooperation[158] - An assumed 10% adverse change in average exchange rates could have resulted in a decline in total net revenues of $377 million for Q1 2021[176] Cost Structure - Cost of sales increased by $1.49 billion, or 75%, with cost of sales as a percentage of revenue slightly rising from 82.2% to 82.6%[146] - Operating, general, and administrative expenses increased by $496 million, or 98%, attributed to higher fulfillment center capacity and equity-based compensation[147] Market Impact - The company experienced a net positive impact on sales and consumer demand due to changes in purchasing behavior during the COVID-19 pandemic[130]