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Mar 31, 2021
Coupang Q1 2021 Earnings Report
Coupang's Q1 2021 financial results were announced, demonstrating substantial revenue growth and increased active customers.
Key Takeaways
Coupang reported a 74% increase in total net revenues, reaching $4.2 billion. Active customers grew by 21% to 16 million, and revenue per active customer increased by 44% to $262. However, the company experienced a net loss of $295 million, driven by increased operating, general, and administrative costs.
Total net revenues increased by 74% year over year to $4.2 billion.
Active Customers grew 21% year over year to 16 million.
Total net revenues per Active Customer increased 44% year over year to $262.
Gross profit increased 70% to $733 million.
Forward Guidance
This information contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, about us and our industry that involve substantial risks and uncertainties.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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