CO

Coupang

CPNG
NYSEConsumer Discretionary
$16.82
USD
-0.43(-2.49%)
At close: Jun 12, 20:00 UTC

Open

$16.92

Prev. Close

$16.92

High

$16.96

Low

$16.79

Market Snapshot

Market Cap

$30.75B

P/E Ratio

-186.4

EPS

0.09

Revenue

$30.27B

Why CPNG moved

Coupang faces a $409 million fine for a data breach affecting 33 million accounts, yet its shares increased by 11%, indicating investor confidence.

About

Coupang, Inc. engages in the provision of retail, restaurant delivery, video streaming, and fintech services to customers around the world under brands that include Coupang, Coupang Eats, Coupang Play, and Farfetch. The company is headquartered in Seattle, Washington and currently employs 108,000 full-time employees. The company went IPO on 2021-03-11. Through its AI cloud computing service as Coupang Intelligent Cloud (CIC), it enhances its services and operations and provides GPU-as-a-Service (GPUaaS), including to external parties. Its Product Commerce segment includes its core Korean retail (owned inventory) and marketplace offerings (third-party merchants) and Rocket Fresh, its fresh grocery offering, as well as advertising products associated with these offerings. Its Developing Offerings include Coupang Eats, its restaurant ordering and delivery service in Korea, Coupang Play, an online content streaming service in Korea, fintech, its retail operations in Taiwan, as well as advertising products associated with these offerings, and also include Farfetch, its global luxury fashion marketplace.