Coupang(CPNG) - 2024 Q2 - Quarterly Results
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 ...