Coupang reported quarterly adjusted earnings of 8 cents per share, beating the analyst consensus estimate of 6 cents per share. Quarterly sales came in at $6.6 billion which beat the analyst consensus estimate of $6.44 billion and is a 23.9% increase over sales of $5.33 billion from the same period last year. Product Commerce segment net revenues reached $23.6 billion, growing 18% year-over-year, and Developing Offerings segment net revenues were $789 million, up 26% year-over-year on a reported basis.
What is Coupang, the Korean company that bought Farfetch?
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What is Coupang, the Korean company that bought Farfetch?
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