Coupang beats revenue forecasts despite fire-related losses

Coupang Inc., the Korean e-commerce giant, reported a third-quarter performance that surpassed revenue forecasts, despite a significant fire-related loss. The company's adjusted loss per share for the quarter was -$0.18, significantly higher than the analyst consensus estimate of -$0.06. However, revenue for the period ended September 30, 2026, reached $10.0 billion, marking a 7% year-over-year increase and beating the consensus estimate of $9.76 billion.

The loss was primarily due to costs associated with a fulfillment center fire in Incheon, South Korea during the same period. Despite this setback, Coupang's Product Commerce segment reported $8.4 billion in revenue, up 5% year-over-year, while its Developing Offerings segment posted $1.6 billion, up 23% year-over-year. The company's share price rose 1.9% following the results, driven by the revenue beat.

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