Overview
- Coupang reported Q1 2025 revenue of 11.5 trillion won ($7.91 billion), a 21% year-over-year increase and the highest first-quarter sales in its history.
- The company posted a net profit of 165.6 billion won, reversing a loss from the same period last year, with operating profit surging over threefold to 233.7 billion won.
- Emerging businesses, including Taiwan Rocket Delivery, Coupang Eats, and Farfetch, saw combined revenue grow 78% year-over-year to 1.51 trillion won.
- Core Product Commerce revenue grew 16% to 9.98 trillion won, driven by a 9% rise in active customers to 23.4 million and an expanded product selection.
- Coupang's board approved a 1.4 trillion won share buyback program, signaling confidence in its long-term strategy to enhance shareholder value.