Overview
- Coupang posted third-quarter revenue of $9.3 billion, up about 20% year over year, with net income rising roughly 51% to $95 million for a third straight quarterly profit.
- Active customers increased 10% to 24.7 million, and revenue per active customer climbed 7% to $323.
- Product Commerce generated about $8 billion in net revenue and $705 million in adjusted EBITDA for an 8.8% margin, underscoring the segment’s role as the profit engine.
- Developing Offerings, including Taiwan Rocket Delivery, Farfetch and Coupang Eats, produced roughly $1.3 billion in revenue but recorded a $292 million adjusted EBITDA loss as investments scaled.
- Management highlighted rapid adoption in Taiwan and the buildout of last‑mile logistics, with plans to broaden selection and ramp Rocket Growth and automation.