Coupang(CPNG) - 2024 Q1 - Quarterly Results
Coupang(CPNG)2024-05-07 20:01
Exhibit 99.1 Coupang Announces Results for First Quarter 2024 Net Revenues of $7.1 billion, up 23% YoY and 28% on an FX-neutral basis Gross Profit of $1.9 billion, up 36% YoY Operating Cash Flow of $2.4 billion and Free Cash Flow of $1.5 billion for the trailing twelve months SEATTLE - (BUSINESS WIRE) May 7, 2024—Coupang, Inc. (NYSE: CPNG) today announced financial results for its first quarter ended March 31, 2024. Consolidated Highlights: • Net revenues were $7.1 billion, up 23% YoY on a reported basis an ...