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-0.00078833267638942 -0.00197083169097362 -0.00236499802916826 -0.00197083169097362 0.00945999211667331 0.0011824990145842 0.00610957824201818 0.00472999605833666
Stock impact report

Coupang Profit Beats Estimates, Even as Sales Growth Slows [Yahoo! Finance]

Coupang, Inc. Class A (CPNG) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Trump Asserts Power Over NYC, Proclaims ‘Long Live the King' NYC's Congestion Pricing Pulls In $48.6 Million in First Month NYC to Shut Migrant Center in Former Hotel as Crisis Eases DC Mayor Re-ups Call for Statehood as Trump Threatens Takeover New York's Congestion Pricing Plan Faces Another Legal Showdown The online retailer's net revenue rose 21% to $7.97 billion in the quarter ended Dec. 31, compared with an average analyst projection of $8.08 billion. Operating income was $312 million, compared with an estimate of $167.8 million. The shares gained 3.5% in late trading after closing at $24.17 in New York on Tuesday. They are up 10% for the year. Founded in 2010, Seattle-based Coupang had 22.5 million active customers as of September. With initial backing from SoftBank Group Corp., Coupang has invested heavily to popularize overnight delivery in South Korea. It's since made forays into food deliveries and streaming services, as well as acq Show less Read more
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