Why Coupang (CPNG) Stock Is Up Today : vimarsana.com

Why Coupang (CPNG) Stock Is Up Today

Shares of e-commerce marketplace Coupang (NYSE:CPNG) jumped 12.6% in the pre-market session after the company reported fourth-quarter results with revenue exceeding expectations, driven by strong outperformance in its Developing Offerings segment ($273 million of revenue vs estimates of $234 million). The Developing Offerings segment includes its Taiwan operations, food delivery, video streaming, and fintech solutions. Management noted it is seeing especially good momentum in Taiwan, with custom

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