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Coupang, a Seattle-headquartered e-commerce company, said it will accelerate its investment in Taiwan after four straight quarters of profits. Coupang was the most downloaded app in the second quarter of this year in Taiwan, the company said in an earnings call on Wednesday. "Taiwan is another investment that is thus far exceeding our expectations," said chief executive officer of Coupang Bom Kim said in its conference call.

South Korean e-commerce giant Coupang posted record second-quarter earnings amid the thriving performance of its new business initiatives -- extending its dominant run for four consecutive quarters since turning a profit for the first time in 2022. During its earnings call Wednesday, the New York-listed company said it posted record quarterly sales for the April-June period at $5.8 billion, for on-year growth of 16 p...

Coupang achieved record revenues and operating profit in the second quarter of this year despite weakening consumer sentiment amid inflation and economic recession concerns, the Nasdaq-listed e-commerce titan said Wednesday. Second-quarter sales of $5.8 billion was up 16 percent from a year ago, while operating profit of $145 million was an improvement by $221 million.

Coupang is starting to expand internationally and it is starting to see accelerating momentum in Taiwan. Click here to see why I rate CPNG stock as a Buy.

South Korean e-commerce giant, Coupang, is planning to enter the Indian market. The SoftBank-backed start-up has initiated dialogues with the Indian government to enter one of the world's largest e-commerce markets, government officials told Business Standard. 'We have received an application from the South Korean government, in which Coupang has expressed interest in entering India,' said officials, adding that 'dialogues with the Coupang delegation are likely to start next month'.