Coupang upgraded by Bernstein with a new price target

Net Revenues of $8.0 billion, up 21% YoY and 28% on an FX-neutral basis Gross Profit of $2.5 billion, up 48% YoY Operating Cash Flow of $1.9 billion and Free Cash Flow of $1.0 billion for the full year Coupang, Inc. (NYSE:CPNG) today announced financial results for its fourth quarter ended December 31, 2024. Q4 2024 Consolidated Highlights: Net revenues were $8.0 billion, up 21% YoY on a reported basis and 28% YoY on an FX-neutral basis. Excluding Farfetch, the growth was 14% YoY on a reported basis and 21% YoY on an FX-neutral basis. Gross profit increased 48% YoY to $2.5 billion. Gross profit margin was 31.3%, an improvement of 570 bps YoY. Excluding Farfetch and the fulfill

U.S.-based Coupang ranks among the top 12 information technology companies in the world Coupang, Inc., a U.S. technology and Fortune 200 company, has been named one of the Top 100 Global Innovators for 2025 by LexisNexis, recognizing it as one of the leading companies driving innovation in the global economy. LexisNexis noted Coupang's rapid patent growth, which also mirrors its evolution. In 2019, the company had about 160 patents with one service in one market. Today, Coupang has more than 2,100 global patent registrations, serves customers in 190+ countries and territories, and offers services ranging from retail and restaurant delivery to video streaming and fintech under brands that

Coupang, Inc. (NYSE:CPNG) will release its fourth quarter 2024 financial results on Tuesday, February 25, 2025 (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 custom

Deutsche Bank upgraded Coupang from Hold to Buy and set a new price target of $28.50

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

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)

S-8 - Coupang, Inc. (0001834584) (Filer)

10-K - Coupang, Inc. (0001834584) (Filer)

8-K - Coupang, Inc. (0001834584) (Filer)

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

Net Revenues of $8.0 billion, up 21% YoY and 28% on an FX-neutral basis Gross Profit of $2.5 billion, up 48% YoY Operating Cash Flow of $1.9 billion and Free Cash Flow of $1.0 billion for the full year Coupang, Inc. (NYSE:CPNG) today announced financial results for its fourth quarter ended December 31, 2024. Q4 2024 Consolidated Highlights: Net revenues were $8.0 billion, up 21% YoY on a reported basis and 28% YoY on an FX-neutral basis. Excluding Farfetch, the growth was 14% YoY on a reported basis and 21% YoY on an FX-neutral basis. Gross profit increased 48% YoY to $2.5 billion. Gross profit margin was 31.3%, an improvement of 570 bps YoY. Excluding Farfetch and the fulfill

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

SC 13G/A - Coupang, Inc. (0001834584) (Subject)

SC 13G/A - Coupang, Inc. (0001834584) (Subject)

SC 13G/A - Coupang, Inc. (0001834584) (Subject)