Coupang (CPNG) Reports Q4 Loss of $0.23/sh
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Coupang Announces Fourth Quarter Revenue Growth of 34% and Constant Currency Revenue Growth of 39%
March 2, 2022 4:05 PM ESTSEOUL, South Korea--(BUSINESS WIRE)-- Coupang, Inc. (NYSE: CPNG) today announced financial results for its fourth quarter ended December 31, 2021.
Our revenues are nearly three times what they were two years ago. Even at this scale, the spend of every single annual cohorteven our oldest from 2010grew roughly 30% or more in 2021. This shows that were still far from our full potential, said Bom Kim, Coupang founder and CEO. Its a testament to the groundbreaking customer experience weve pioneered over the years, from Dawn Delivery and Effortless Returns to Coupang Play. Were excited... More
