Despite Monthly Visitors Down, Farfetch Made $460 Million For Coupang This Quarter

Coupang logo, sign on company headquarters in Silicon Valley. Coupang is a South Korean e-commerce ... [+] company - Mountain View, California, USA - 2021 getty Coupang just released second quarter earnings, and it was a mixed bag. Net revenues rose 25% year-over-year on a reported basis to $7.3 billion. Excluding online luxury fashion marketplace Farfetch, which it acquired at the end of January, revenues were up 18%. However, it reported a net loss of $105 million, attributed to operating losses at Farfet ...