Coupang, Inc. owns and operates in e-commerce business through its mobile applications and Internet websites primarily in South Korea. It sells various products and services in the categories of home goods and décor products, apparel, beauty products, fresh food and groceries, sporting goods, electronics, and everyday consumables, as well as travel, and restaurant order and delivery services. The company was founded in 2010 and is based in Seoul, South Korea.
IPO Year: 2021
Exchange: NYSE
Website: coupang.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/7/2024 | $30.00 | Underperform → Outperform | Bernstein |
| 9/4/2024 | $18.00 → $31.00 | Hold → Outperform | CLSA |
| 5/16/2024 | $26.00 | Neutral → Buy | UBS |
| 5/3/2024 | $30.00 | Buy | BofA Securities |
| 4/15/2024 | $19.00 → $26.00 | Neutral → Buy | Citigroup |
| 2/29/2024 | $18.50 → $21.00 | Hold → Buy | Deutsche Bank |
| 1/16/2024 | $20.00 → $17.00 | Buy → Neutral | Citigroup |
| 12/20/2023 | $26.00 → $18.50 | Buy → Neutral | UBS |
| 8/9/2023 | $20.00 | Buy → Hold | Deutsche Bank |
| 3/2/2023 | $27.00 → $18.00 | Buy → Neutral | BofA Securities |
SC 13G/A - Coupang, Inc. (0001834584) (Subject)
SC 13G/A - Coupang, Inc. (0001834584) (Subject)
SC 13G/A - Coupang, Inc. (0001834584) (Subject)
SC 13G/A - Coupang, Inc. (0001834584) (Subject)
SC 13G/A - Coupang, Inc. (0001834584) (Subject)
SC 13G/A - Coupang, Inc. (0001834584) (Subject)
SC 13G/A - Coupang, Inc. (0001834584) (Subject)
SC 13G/A - Coupang, Inc. (0001834584) (Subject)
SC 13G/A - Coupang, Inc. (0001834584) (Subject)
SC 13G/A - Coupang, Inc. (0001834584) (Subject)
10-Q - Coupang, Inc. (0001834584) (Filer)
8-K - Coupang, Inc. (0001834584) (Filer)
8-K - Coupang, Inc. (0001834584) (Filer)
10-Q - Coupang, Inc. (0001834584) (Filer)
8-K - Coupang, Inc. (0001834584) (Filer)
8-K - Coupang, Inc. (0001834584) (Filer)
8-K - Coupang, Inc. (0001834584) (Filer)
8-K - Coupang, Inc. (0001834584) (Filer)
8-K - Coupang, Inc. (0001834584) (Filer)
10-Q - Coupang, Inc. (0001834584) (Filer)
Bernstein upgraded Coupang from Underperform to Outperform and set a new price target of $30.00
CLSA upgraded Coupang from Hold to Outperform and set a new price target of $31.00 from $18.00 previously
UBS upgraded Coupang from Neutral to Buy and set a new price target of $26.00
BofA Securities resumed coverage of Coupang with a rating of Buy and set a new price target of $30.00
Citigroup upgraded Coupang from Neutral to Buy and set a new price target of $26.00 from $19.00 previously
Deutsche Bank upgraded Coupang from Hold to Buy and set a new price target of $21.00 from $18.50 previously
Citigroup downgraded Coupang from Buy to Neutral and set a new price target of $17.00 from $20.00 previously
UBS downgraded Coupang from Buy to Neutral and set a new price target of $18.50 from $26.00 previously
Deutsche Bank downgraded Coupang from Buy to Hold and set a new price target of $20.00
BofA Securities downgraded Coupang from Buy to Neutral and set a new price target of $18.00 from $27.00 previously
4 - Coupang, Inc. (0001834584) (Issuer)
4 - Coupang, Inc. (0001834584) (Issuer)
4 - Coupang, Inc. (0001834584) (Issuer)
4 - Coupang, Inc. (0001834584) (Issuer)
4 - Coupang, Inc. (0001834584) (Issuer)
Net Revenues of $7.9 billion, up 27% YoY and 32% on an FX-neutral basis Gross Profit of $2.3 billion, up 45% YoY Coupang, Inc. (NYSE:CPNG) today announced financial results for its third quarter ended September 30, 2024. Consolidated Highlights: Net revenues were $7.9 billion, up 27% YoY on a reported basis and 32% YoY on an FX-neutral basis. Excluding Farfetch, the growth was 20% YoY on a reported basis and 25% YoY on an FX-neutral basis. Gross profit increased 45% YoY to $2.3 billion. Gross profit margin was 28.8%, an improvement of 350 bps YoY. Excluding Farfetch, gross profit was $2.1 billion, growing 33% YoY, and gross profit margin was 28.1%. Net income was $64 million and ne
Coupang, Inc. (NYSE:CPNG) will release its third quarter 2024 financial results on Tuesday, November 5, 2024 (Eastern Time). The release will be available after U.S. market close and an accompanying live webcast will begin at 5:30 PM Eastern Time the same day. The earnings release, presentation and webcast will be available at the Coupang Investor Relations website, https://ir.aboutcoupang.com. Following the call, a replay and related transcript will be available at the same website. About Coupang Coupang is a technology and Fortune 200 company listed on the New York Stock Exchange (NYSE:CPNG) that provides retail, restaurant delivery, video streaming, and fintech services to customers a
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% 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 and 30% YoY on an FX-neutral basis. Excluding Farfetch, the growth was 18% YoY on a reported basis and 23% YoY on an FX-neutral basis. Excluding Farfetch, net revenues growth rate would have been an estimated 660 bps higher than the 23% FX-neutral growth rate without the account
Coupang, Inc. (NYSE:CPNG) will release its second quarter 2024 financial results on Tuesday, August 6, 2024 (Eastern Time). The release will be available after U.S. market close and an accompanying live webcast will begin at 5:30 PM Eastern Time the same day. The earnings release, presentation and webcast will be available at the Coupang Investor Relations website, https://ir.aboutcoupang.com. Following the call, a replay and related transcript will be available at the same website. About Coupang Coupang is a Fortune 200 technology company listed on the NYSE, that provides retail, restaurant delivery, video streaming and fintech services to customers around the world. Coupang's missio
Coupang, Inc. today announced that it has appointed Asha Sharma, Corporate Vice President and Head of Product, AI Platform at Microsoft, to the company's Board of Directors. Her prior executive leadership roles focused on building and scaling world-class consumer innovations at Meta and driving operational excellence at Instacart. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240625184938/en/Asha Sharma Appointed to Coupang's Board of Directors (Photo: Business Wire) "Asha's deep product and practical AI expertise align with our mission to drive innovations that wow our customers," said Bom Kim, Founder and CEO of Coupang. "We'
Net Revenues of $7.1 billion, up 23% YoY and 28% on an FX-neutral basis Gross Profit of $1.9 billion, up 36% YoY Operating Cash Flow of $2.4 billion and Free Cash Flow of $1.5 billion for the trailing twelve months Coupang, Inc. (NYSE:CPNG) today announced financial results for its first quarter ended March 31, 2024. Consolidated Highlights: Net revenues were $7.1 billion, up 23% YoY on a reported basis and 28% YoY on an FX-neutral basis. Excluding Farfetch, the growth was 18% YoY on a reported basis and 23% YoY on an FX-neutral basis. The net revenues growth rates excluding Farfetch would have been an estimated 10 percentage points higher than the 23% FX-neutral growth rate w
Coupang, Inc. (NYSE:CPNG) will release its first quarter 2024 financial results on Tuesday, May 7, 2024 (Eastern Time). The release will be available after U.S. market close and an accompanying live webcast will begin at 5:30 PM Eastern Time the same day. The earnings release, presentation and webcast will be available at the Coupang Investor Relations website, https://ir.aboutcoupang.com. Following the call, a replay and related transcript will be available at the same website. About Coupang Coupang is a Fortune 200 technology company listed on the NYSE, that provides retail, restaurant delivery, video streaming, and fintech services to customers around the world. Coupang's mission i
Interactive sessions targeting women-owned U.S. businesses in the Food & Beverage and Apparel & Fashion industries focused on how to access South Korea's dynamic consumer goods market Coupang (NYSE:CPNG), a leading global retailer headquartered in Seattle, Washington, with operations in Korea and Taiwan, is pleased to continue its Strategic Partnership with the U.S. Department of Commerce and International Trade Administration (ITA) by co-hosting two interactive webinars for U.S. entrepreneurs and sellers to learn about internet-enabled cross-border trade opportunities in Korea. While special focus was placed on women-owned businesses, the sessions were open to all U.S. sellers and busine
Net Revenues of $6.6 billion, up 23% YoY and 20% on an FX-neutral basis Gross Profit of $1.7 billion, up 32% YoY Operating Cash Flow of $2.7 billion and Free Cash Flow of $1.8 billion for the full year Coupang, Inc. (NYSE:CPNG) today announced financial results for its fourth quarter ended December 31, 2023. Q4 2023 Key Financial and Operational Highlights Net revenues were $6.6 billion, up 23% YoY on a reported basis and 20% YoY on an FX-neutral basis. The net revenues growth rate would have been an estimated 940 bps higher than the 20% growth without the accounting change in FLC revenue, which we began recording on a net basis starting in Q2 2023. Gross profit increased 3
Coupang, Inc. (NYSE:CPNG) will release its fourth quarter 2023 financial results on Tuesday, February 27, 2024 (Eastern Time). The release will be available after U.S. market close and an accompanying live webcast will begin at 5:30 PM Eastern Time the same day. The earnings release, presentation and webcast will be available at the Coupang Investor Relations website, https://ir.aboutcoupang.com. Following the call, a replay and related transcript will be available at the same website. About Coupang Coupang is one of the largest retailers in Asia, with a mission to revolutionize the everyday lives of its customers and create a world where people wonder, "How did I ever live without Co
4 - Coupang, Inc. (0001834584) (Issuer)
4 - Coupang, Inc. (0001834584) (Issuer)
4 - Coupang, Inc. (0001834584) (Issuer)
4 - Coupang, Inc. (0001834584) (Issuer)
4 - Coupang, Inc. (0001834584) (Issuer)
4 - Coupang, Inc. (0001834584) (Issuer)
4 - Coupang, Inc. (0001834584) (Issuer)
4 - Coupang, Inc. (0001834584) (Issuer)
4 - Coupang, Inc. (0001834584) (Issuer)
4 - Coupang, Inc. (0001834584) (Issuer)
Coupang, Inc. today announced that it has appointed Asha Sharma, Corporate Vice President and Head of Product, AI Platform at Microsoft, to the company's Board of Directors. Her prior executive leadership roles focused on building and scaling world-class consumer innovations at Meta and driving operational excellence at Instacart. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240625184938/en/Asha Sharma Appointed to Coupang's Board of Directors (Photo: Business Wire) "Asha's deep product and practical AI expertise align with our mission to drive innovations that wow our customers," said Bom Kim, Founder and CEO of Coupang. "We'
Coupang, Inc. today announced that it has appointed Ambereen Toubassy, the Chief Financial Officer of Airtable, to the company's Board of Directors. "We're excited to welcome Ambereen Toubassy to the Coupang Board and to work together to unlock even greater value for our customers and stakeholders," said Bom Kim, Founder and CEO of Coupang. "With her extensive background as a skilled financial leader at companies that focus on customer experience, Ambereen will be an important advisor in our efforts to create new moments of wow for our customers through bold innovations and investments." Toubassy is currently the CFO of Airtable, a low-code platform that enables organizations to develop c
Jett and Mildenhall will bring transformative vision and wide-ranging expertise to the fast-growing digital sports platform Separately, Fanatics releases its first environmental, social and governance (ESG) report Fanatics, a leading global digital sports platform, today announced the appointment of preeminent fintech, e-commerce and marketing executives Lydia Jett and Jonathan Mildenhall to its board of directors. Jett, Managing Partner and Head of Global eCommerce and US Consumer Internet Sector Investments at SoftBank Investment Advisers (SBIA), and Mildenhall, co-founder and Executive Chairman of TwentyFirstCenturyBrand and former CMO of Airbnb, bring decades of experience advising an
Coupang today announced that it has appointed Jason Child, Chief Financial Officer and Senior Vice President of Splunk, to the company's board of directors where he will serve on the audit committee. "Jason is an accomplished business leader who brings decades of financial and corporate leadership experience to our board," said Bom Kim, Founder and CEO of Coupang. "He will be an important advisor and we are excited to work with him to make an even greater impact on our customers." Child joins Coupang with over thirty years of financial experience, specializing in global start-ups and rapidly-scaling companies. He is currently the CFO and SVP of Splunk, the data platform leader for securit
Coupang today announced that it has appointed Pedro Franceschi, Co-Founder and Co-CEO of Brex, to the company's board of directors. "It's exciting to welcome to the board dynamic tech leaders who are reshaping the world. Pedro is a trailblazer who is reinventing the financial services industry with customer-centric innovations," said Bom Kim, Founder and CEO of Coupang. "We look forward to learning from Pedro as we strive to transform our customers' lives with technology." Franceschi is the Co-Founder and Co-CEO of Brex, a company reimagining financial systems for fast growing businesses. Launched in 2018 as the corporate card for startups, Brex now serves tens of thousands of companies t
Net Revenues of $7.9 billion, up 27% YoY and 32% on an FX-neutral basis Gross Profit of $2.3 billion, up 45% YoY Coupang, Inc. (NYSE:CPNG) today announced financial results for its third quarter ended September 30, 2024. Consolidated Highlights: Net revenues were $7.9 billion, up 27% YoY on a reported basis and 32% YoY on an FX-neutral basis. Excluding Farfetch, the growth was 20% YoY on a reported basis and 25% YoY on an FX-neutral basis. Gross profit increased 45% YoY to $2.3 billion. Gross profit margin was 28.8%, an improvement of 350 bps YoY. Excluding Farfetch, gross profit was $2.1 billion, growing 33% YoY, and gross profit margin was 28.1%. Net income was $64 million and ne
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% 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 and 30% YoY on an FX-neutral basis. Excluding Farfetch, the growth was 18% YoY on a reported basis and 23% YoY on an FX-neutral basis. Excluding Farfetch, net revenues growth rate would have been an estimated 660 bps higher than the 23% FX-neutral growth rate without the account
Net Revenues of $7.1 billion, up 23% YoY and 28% on an FX-neutral basis Gross Profit of $1.9 billion, up 36% YoY Operating Cash Flow of $2.4 billion and Free Cash Flow of $1.5 billion for the trailing twelve months Coupang, Inc. (NYSE:CPNG) today announced financial results for its first quarter ended March 31, 2024. Consolidated Highlights: Net revenues were $7.1 billion, up 23% YoY on a reported basis and 28% YoY on an FX-neutral basis. Excluding Farfetch, the growth was 18% YoY on a reported basis and 23% YoY on an FX-neutral basis. The net revenues growth rates excluding Farfetch would have been an estimated 10 percentage points higher than the 23% FX-neutral growth rate w
Net Revenues of $6.6 billion, up 23% YoY and 20% on an FX-neutral basis Gross Profit of $1.7 billion, up 32% YoY Operating Cash Flow of $2.7 billion and Free Cash Flow of $1.8 billion for the full year Coupang, Inc. (NYSE:CPNG) today announced financial results for its fourth quarter ended December 31, 2023. Q4 2023 Key Financial and Operational Highlights Net revenues were $6.6 billion, up 23% YoY on a reported basis and 20% YoY on an FX-neutral basis. The net revenues growth rate would have been an estimated 940 bps higher than the 20% growth without the accounting change in FLC revenue, which we began recording on a net basis starting in Q2 2023. Gross profit increased 3
Coupang, Inc. announced today that it has completed the acquisition of the assets of global online luxury company Farfetch Holdings plc. By providing access to $500M in capital, this acquisition allows Farfetch to continue delivering exceptional services for its brand and boutique partners, and to more than four million customers around the world. By leveraging Coupang's operational excellence and innovative logistics, Farfetch is now well-positioned to pursue steady and thoughtful growth. About Coupang Coupang, a Fortune 200 company listed on the New York Stock Exchange (NYSE:CPNG), is one of the largest retailers in the world. Its mission is to revolutionize the lives of its customers
Net Revenues of $6.2 billion, up 21% YoY and 18% on an FX-neutral basis Gross Profit of $1.6 billion, up 27% YoY Operating Cash Flow of $2.6 billion and Free Cash Flow of $1.9 billion for the trailing twelve months Coupang, Inc. (NYSE:CPNG) today announced financial results for its third quarter ended September 30, 2023. Q3 2023 Key Financial and Operational Highlights Consolidated Highlights: Net revenues were $6.2 billion, up 21% YoY on a reported basis and 18% YoY on an FX-neutral basis. The revenue growth rate would have been an estimated 635 bps higher than the 18% growth without the accounting change in FLC revenue, which we began recording on a net basis starting in Q
Net Revenues of $5.8 billion, up 16% YoY and 21% on an FX-neutral basis Gross Profit of $1.5 billion, up 32% YoY Net Income of $145 million, an increase of $221 million YoY Operating Cash Flow of $2.0 billion and Free Cash Flow of $1.1 billion for the trailing twelve months Coupang, Inc. (NYSE:CPNG) today announced financial results for its second quarter ended June 30, 2023. Q2 2023 Key Financial and Operational Highlights Consolidated Highlights: Net revenues were $5.8 billion, up 16% YoY on a reported basis and 21% YoY on an FX-neutral basis. The revenue growth rate would have been an estimated 300 bps higher than the 21% growth rate without the accounting change this q
Net Revenues of $5.8 billion, up 20% YoY on an FX-neutral basis Record Gross Profit of $1.4 billion, up 36% YoY Net Income of $91 million, an increase of $300 million YoY Positive Free Cash Flow of $451 million and Operating Cash Flow of $1.1 billion for trailing twelve months Coupang, Inc. (NYSE:CPNG) today announced financial results for its first quarter ended March 31, 2023. Q1 2023 Key Financial and Operational Highlights Consolidated Highlights: Net revenues were $5.8 billion, up 13% YoY on a reported basis, or 20% YoY on an FX-neutral basis. Gross profit increased 36% YoY to $1.4 billion. Gross profit margin was 24.5%, an improvement of over 400 bps YoY. Net i