Coupang Forecasts 13% to 14% Q4 Revenue Growth and EBITDA Margin Expansion
Coupang (CPNG) reported strong third-quarter performance, with consolidated revenue growing 11% year-over-year in constant currency, surpassing previous management guidance. CEO Bom Suk Kim noted that momentum continues to build across the company's various business segments. Looking ahead to the fourth quarter, Coupang has provided optimistic guidance, forecasting constant currency revenue growth between 13% and 14%. Additionally, the company aims to expand its adjusted EBITDA margin by 50 to 150 basis points, signaling a focus on both top-line scaling and improved operational efficiency.