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Coupang(CPNG) - 2024 Q3 - Quarterly Results
CPNGCoupang(CPNG)2024-11-05 21:06

Exhibit 99.1 Consolidated Highlights: Net Revenues of $7.9 billion, up 27% YoY and 32% on an FX-neutral basis Gross Profit of $2.3 billion, up 45% YoY SEATTLE - (BUSINESS WIRE) November 5, 2024—Coupang, Inc. (NYSE: CPNG) today announced financial results for its third quarter ended September 30, 2024. • Net revenues were $7.9 billion, up 27% YoY on a reported basis and 32% YoY on an FX-neutral basis. Excluding Farfetch, the growth was 20% YoY on a reported basis and 25% YoY on an FX-neutral basis. • Gross p ...