Coupang(CPNG) - 2023 Q4 - Annual Results

Exhibit 99.1 Coupang Announces Results for Fourth Quarter 2023 SEATTLE - (BUSINESS WIRE) February 27, 2024—Coupang, Inc. (NYSE: CPNG) today announced financial results for its fourth quarter ended December 31, 2023. • Total net revenues were $24.4 billion, increasing 18% YoY on a reported basis and 20% YoY on an FX-neutral basis. • The revenue growth rate would have been an estimated 520 bps higher than the 20% growth without the accounting change in FLC revenue, which we began recording on a net basis star ...