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Coupang Achieves Record Q1 Revenue and Returns to Profitability

The e-commerce giant credits foreign exchange gains and growth in emerging ventures for its strong performance, alongside a $1.4 trillion won share buyback plan.

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Coupang delivery trucks (Yonhap)

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.