Yoolim Lee / Bloomberg:

Coupang reports Q1 revenue up 23% YoY to $7.1B, adjusted EBITDA up 17% YoY to $281M, vs. $283.3M est., and net income down 95% YoY including Farfetch losses  —  - Shortfall overshadows stronger-than-expected sales growth  — E-commerce company's Farfetch acquisition weighs on net income

Yoolim Lee / Bloomberg:

Coupang reports Q1 revenue up 23% YoY to $7.1B, adjusted EBITDA up 17% YoY to $281M, vs. $283.3M est., and net income down 95% YoY including Farfetch losses  —  - Shortfall overshadows stronger-than-expected sales growth  — E-commerce company's Farfetch acquisition weighs on net income

Source: TechMeme
Source Link: http://www.techmeme.com/240507/p54#a240507p54