Yoolim Lee / Bloomberg:

Coupang reports Q2 revenue up 25% YoY to $7.3B and a $77M net loss, its first loss since 2022, due to its Farfetch deal and a South Korean regulatory fine  —  - The Farfetch deal and a government fine weighed on results  — The company is investing in safeguarding its delivery network

Yoolim Lee / Bloomberg:

Coupang reports Q2 revenue up 25% YoY to $7.3B and a $77M net loss, its first loss since 2022, due to its Farfetch deal and a South Korean regulatory fine  —  - The Farfetch deal and a government fine weighed on results  — The company is investing in safeguarding its delivery network

Source: TechMeme
Source Link: http://www.techmeme.com/240806/p38#a240806p38