Coupang's mounting losses threaten growth model amid regulatory pressure

Korea Times News ·
Business Corporate South Korea

Coupang Inc., the U.S.-based operator of Korea's largest e-commerce platform, accumulated 1.83 trillion won ($1.28 billion) in operating losses in the first nine months of this year, as a data breach and regulatory pressure weigh on profitability. According to results released Wednesday, Coupang posted an operating loss of 642.3 billion won in the third quarter, following losses of 835 billion…

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