South Korean E-Commerce Giant Coupang Reports Record Profits
20/5 20:30
South Korean e-commerce company Coupang reported the highest gross profit and gross profit margin in its history this week, helping it achieve profitability in one of its core segments. Total gross profit was $1.04 billion, up 42% from the year earlier, and the gross profit margin improved over 450 basis points from the previous quarter. Revenue for [...] Read more at ETFtrends.com....