Coupang operates e-commerce and digital services platforms primarily across South Korea, with expanding operations in several other Asian markets, the United States, and China. The company conducts business through mobile applications and internet websites, serving both retail consumers and marketplace sellers. Its core operations span product retail, grocery delivery, restaurant ordering, streaming entertainment, and fintech services.
The company's business is organized into two main segments. Product Commerce generates revenue from Korean retail and marketplace operations, including Rocket Fresh, a grocery delivery service, and digital advertising products. The Developing Offerings segment encompasses Coupang Eats, a restaurant ordering and delivery platform; Coupang Play, a video streaming service; fintech offerings; and Farfetch, a luxury fashion marketplace.
Coupang operates at substantial scale with approximately 95,000 full-time employees and maintains a market capitalization of $33.5 billion. The company was incorporated in Delaware in 2010 and maintains headquarters in Seattle, Washington, though its primary market and operational base remains South Korea. It conducts operations and support services across Taiwan, Singapore, Japan, and India in addition to its primary markets.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $0.11 | $0.11 | +37.5% | |
| 2024 | $0.08 | $0.09 | -89.3% | |
| 2023 | $0.75 | $0.76 | +1600.0% | |
| 2022 | $-0.05 | $-0.05 | +95.4% | |
| 2021 | $-1.08 | $-1.08 | — |