Coupang Shares Drop as Net Loss Expands 87% in Q3

Coupang Shares Drop as Net Loss Expands 87% in Q3
A general view shows the warehouse of South Korean online delivery service Coupang, in Bucheon, south of Seoul, South Korea, on May 27, 2020. Ed Jones/AFP via Getty Images
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Coupang Inc. reported third-quarter FY21 revenue growth of 48 percent year-on-year to $4.6 billion. Active customers grew 20 percent Y/Y.

Coupang added 8 million square feet of infrastructure YTD in 2021.