| Mobile Web

Search results for Coupang Inc

AI & Enterprise

Baemin, Coupang Eats face rising profitability burden amid market share battle

South Korea\'s food delivery platforms are stepping up competition to secure users, increasing pressure on profitability. Baemin and Coupang Eats are expanding discount promotions, hiring riders and rolling out new services, while related spending rises. Data show Baemin retains the lead in monthly active users, with Coupang Eats narrowing the gap and Yogiyo shrinking. Companies are also pushing commerce and quick commerce initiatives to diversify revenue and bolster earnings.

Games & Commerce

Rogers dawn-delivery stint puts focus on Coupang results improvement, user rebound

Coupang\'s weekly active users are rebounding this month after falling sharply following a personal data leak, with industry data showing usage nearing pre-incident levels. Analysts link the recovery to measures to strengthen the lock-in effect of its paid Wow Membership, including coupons and changes to non-member free-shipping thresholds. Coupang has forecast 5 to 10 percent first-quarter revenue growth. Acting CEO Harold Rogers also joined a lawmaker for a dawn-delivery shift, drawing attention to external relations and consumer trust.

Industry

Coupang posts record sales but operating profit plunges as customer boycott takes hold

Coupang said a “Quit Coupang” backlash linked to a large-scale customer data leak was reflected in its indicators. Fourth-quarter operating profit fell 97 percent from a year earlier and net profit turned to a loss, while revenue rose 11 percent. It reported a slight decline in WOW members and a drop in active customers from the prior quarter. Despite the fourth-quarter hit, Coupang posted record annual revenue and higher operating profit, with growth-led businesses such as Taiwan and Coupang Eats showing strong gains.