rollercoaster

Coupang’s Financial Rollercoaster: From Massive Profits to Significant Losses Amidst Data Breach Crisis

Coupang, the South Korean e-commerce giant, reported a revenue of US$8.9 billion and a loss of $570 million for the second quarter. The loss is a significant reversal from the same period last year, which saw an operating income of $149 million and a marginal…