secwatch.observer — SEC 8-K summary
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Issuer:     Coupang, Inc. (CPNG)
CIK:        0001834584
Form:       8-K
Filed at:   2021-08-11T23:59:59+00:00
Accession:  0001834584-21-000037
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coupang Q2 revenue up 71% to $4.48B; adjusted gross profit up 86%; net loss widens to $519M
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- Total net revenues $4.48B, up 71% reported, 57% constant currency; 15th consecutive quarter of >50% constant-currency growth.
- Active customers 17.0M (+26% YoY); Revenue per active customer $263 (+36% YoY).
- Gross profit $658M (up 50%); excluding $158M FC Fire inventory write-offs, adjusted gross profit $816M (up 86%).
- Net loss $518.6M vs $102.1M loss in prior year; adjusted EBITDA loss $122.1M (loss widened from $57.0M).
- Rocket Fresh revenue >$2B run-rate, grew >100% YoY; Coupang Eats revenue nearly tripled in past two quarters.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834584/000183458421000037/0001834584-21-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834584/000183458421000037/cpng-20210811.htm
  HTML page:      https://secwatch.observer/filing/0001834584-21-000037

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer