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The Latest Breaking News from Coupang

Farfetch sold to Coupang, investors seek legal action, recovery uncertain

Farfetch's sale of its business and assets through a pre-pack administration process has sparked controversy and potential litigation from investors.

Top News · Feb 1, 2024

Coupang Acquires Luxury E-commerce Titan, Farfetch

Coupang Acquires Luxury E-commerce Titan, Farfetch

In a surprising twist, e-commerce titan Coupang sweeps off the online luxury world, set to acquire the glamorous empire of Farfetch. Stay tuned!

Top News · Dec 18, 2023

Fewer Fortune 500 companies are run by their founders in 2023

Fewer Fortune 500 companies are run by their founders in 2023

The number of founder-CEOs at Fortune 500 companies has dropped since last year.

Fortune · Jun 5, 2023

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How the 'Amazon of Asia,' founded by a Harvard dropout, landed on the Fortune 500

Newly-profitable Coupang, which serves customers in South Korea and Taiwan, joins the Fortune 500 list at No. 195.

Fortune · Jun 5, 2023

Benzinga's Top Ratings Upgrades, Downgrades For August 16, 2022

Benzinga · Aug 16, 2022

Workers at ‘South Korean Amazon’ protest ‘boiling pot’ conditions

E-commerce giant Coupang is facing accusations that its success is built on the exploitation of workers.

Al Jazeera · Aug 2, 2022

Check Out What Whales Are Doing With CPNG

Someone with a lot of money to spend has taken a bullish stance on Coupang (NYSE:CPNG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga · Jul 20, 2022

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Benzinga's Top Ratings Upgrades, Downgrades For July 1, 2022

Benzinga's Top Ratings Upgrades, Downgrades For July 1, 2022

Benzinga · Jul 1, 2022

What 5 Analyst Ratings Have To Say About Coupang

What 5 Analyst Ratings Have To Say About Coupang

Over the past 3 months, 5 analysts have published their opinion on Coupang (NYSE:CPNG) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga · Jun 29, 2022

Analyzing Coupang's Short Interest

Analyzing Coupang's Short Interest

Coupang's (NYSE:CPNG) short percent of float has fallen 3.17% since its last report. The company recently reported that it has 29.19 million shares sold short, which is 3.05% of all regular shares that are available for trading.

Benzinga · May 23, 2022

Expert Ratings for Coupang

Expert Ratings for Coupang

Over the past 3 months, 4 analysts have published their opinion on Coupang (NYSE:CPNG) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga · May 12, 2022

Coupang: Q1 Earnings Insights

Coupang: Q1 Earnings Insights

Coupang (NYSE:CPNG) reported its Q1 earnings results on Wednesday, May 11, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Coupang beat estimated earnings by 29.41%, reporting an EPS of $-0.12 versus an estimate of $-0.17.

Benzinga · May 11, 2022

Coupang Shares Soar Afterhours On Q1 Results, Clocks 22% Revenue Growth

Coupang Shares Soar Afterhours On Q1 Results, Clocks 22% Revenue Growth

Coupang Inc (NYSE:CPNG) reported first-quarter revenue growth of 22% year-over-year to $5.12 billion, +32% on a constant currency basis, missing the consensus of $5.25 billion. Active customers increased by 13% Y/Y, and total net revenues per Active Customer improved by 8% Y/Y to $283. The total gross profit was $1.04 billion (+42%…

Benzinga · May 11, 2022

Earnings Preview For Coupang

Earnings Preview For Coupang

Coupang (NYSE:CPNG) is set to give its latest quarterly earnings report on Wednesday, 2022-05-11. Here's what investors need to know before the announcement. Analysts estimate that Coupang will report an earnings per share (EPS) of $-0.17.

Benzinga · May 10, 2022

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Benzinga · May 6, 2022

Benzinga's Top Ratings Upgrades, Downgrades For May 6, 2022

Upgrades For Coupang Inc (NYSE:CPNG), JP Morgan upgraded the previous rating of Neutral to Overweight. The stock has a 52-week-high of $46.00 and a 52-week-low of $11.91. At the end of the last trading period, Coupang closed at $11.99.

Benzinga · May 5, 2022

Analyzing Coupang's Short Interest

Coupang's (NYSE:CPNG) short percent of float has fallen 38.11% since its last report. The company recently reported that it has 30.01 million shares sold short, which is 3.15% of all regular shares that are available for trading.

Benzinga · Apr 8, 2022

Coupang Shares Gain Following Goldman Sachs' Rating Upgrade

Goldman Sachs analyst Eric Cha upgraded Coupang Inc (NYSE:CPNG) to Conviction Buy from Buy with a price target of $37, down from $52. The price target implies an upside of 108.5%. The rising rates, industry growth deceleration on high comps, and COVID induced capacity issues, which have weighed on the stock price since the second…

StockNews.com · Mar 21, 2022

Should You Buy the Dip in Coupang?

The shares of South Korea-based e-commerce giant Coupang (CPNG) were crushed recently after its largest shareholder sold CPNG shares worth $1 billion. Furthermore, challenges related to high costs and rising local competition make the company’s growth prospects gloomy. Also, given that CPNG has not been able to improve its profitability,…

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news in one place.

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Benzinga · Mar 16, 2022

Check Out What Whales Are Doing With CPNG

A whale with a lot of money to spend has taken a noticeably bullish stance on Coupang. Looking at options history for Coupang (NYSE:CPNG) we detected 12 strange trades.

Benzinga · Mar 14, 2022

SoftBank's $1B Block Sale Is Causing Coupang's Meltdown

SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) Vision Fund's block trade sale worth $1 billion on March 9 triggered Coupang Inc (NYSE:CPNG) share's recent meltdown. SVF Investments (UK) Ltd sold 50 million Coupang shares for $20.87 per share. Coupang's shares closed at $22.70 on March 9 and $18.94 on March 10. Also Read: South Korean E-Commerce Company Coupang…

Benzinga · Mar 9, 2022

PlantFuel Expands Distribution into East Asia with the Largest E-Commerce Retailer in South Korea Coupang

Plant-based wellness brand PlantFuel continues its global expansion through international distribution partnership with Coupang

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