CPNG News and Press, Coupang Inc. Class A From 11/13/22

Coupang 's (NYSE: CPNG) stock surged nearly 11% during after-hours trading on Nov. 9 in response to its third-quarter earnings report. The South Korean e-commerce leader's revenue rose 10% year over year (and increased 27% on a constant currency basis) to $5.1 billion, which matched...

Summary David Abrams’ 13F portfolio value decreased this quarter from $3.72B to $3.47B. The number of positions remained steady at 18. The Kinder Morgan stake was reduced substantially this quarter. The top three positions are Lithia Motors, Change Healthcare, and Ashbu...

Summary Coupang is the largest e-commerce business in the fast-growing South Korean market. Coupang's Q3 net revenue growth of 27% (in constant currency) was a very strong result in a tough macroeconomic environment. Coupang is reaping the rewards of previous investments in in...

Shares of Coupang (NYSE: CPNG) rocketed 25% higher on Thursday after the South Korean e-commerce company reported strong third-quarter earnings. Coupang showed strong growth and margin expansion compared with a year ago, making investors optimistic about the company's prospects....

South Korean e-commerce giant Coupang ( NYSE: CPNG ) rose more than 20% after reporting a surprise profit in Q3 . Revenue grew 10% to $5.1B and the number of active clients rose 7% Y/Y. Net revenue per active customer was $284, up 3% Y/Y. Gross margin rate up ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: JHVEPhoto / Shutterstock.com Digital Turbine (NASDAQ: APPS ) stock is rising on Thursday as investors react to the company’s earnings report for its fiscal second quarter of 2023. The good news ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Michael Vi / Shutterstock.com Coupang (NYSE: CPNG ) stock is rising higher on Thursday thanks to the company’s earnings report for the third quarter of 2022. The big news that has investors exci...

E-commerce stocks haven't had an easy run in 2022, as growth for many has slowed and profit has dropped like a stone. Coupang (NYSE: CPNG) , however, is bucking this trend. Jamie breaks down the South Korean e-commerce company's third-quarter earnings report, highlighting its profit...

Coupang, Inc. (CPNG) Q3 2022 Results Conference Call November 09, 2022 5:30 PM ET Company Participants Mike Parker - VP, IR Bom Kim - Founder, CEO Gaurav Anand - CFO Conference Call Participants Eric Cha - Goldman Sachs Stanley Yang - JPMorgan ...

Coupang press release ( NYSE: CPNG ): Q3 GAAP EPS of $0.05. Revenue of $5.1B (+9.9% Y/Y). Shares +4.4% . Net income of $91 million, representing record net profitAdjusted EBITDA of $195 million, an improvement of $129 million quarter over quarter For furt...