Home / Business and Economy / Coupang's Q4 Revenue Up 11%, Falls Short of Estimates
Coupang's Q4 Revenue Up 11%, Falls Short of Estimates
27 Feb
Summary
- Coupang's fourth-quarter revenue grew by 11% year-over-year.
- The company reported $8.8 billion in revenue for the period.
- This revenue figure did not meet analyst expectations.
Coupang Inc. reported an 11% year-over-year increase in revenue for the fourth quarter. The e-commerce giant announced that its revenue for the October-December period reached $8.8 billion.
This reported revenue fell short of the $8.9 billion forecast provided by LSEG SmartEstimate. The estimate is weighted towards analysts known for their accuracy, indicating a notable miss against market expectations.
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