Coupang reports Q1 revenue up 13% YoY to $5.8B, a $106.8M operating income, compared to a $205.7M loss in Q1 2022, and active customers up 5% YoY to 19M+ (Sohee Kim/Bloomberg) 10-05-2023

Sohee Kim / Bloomberg:
Coupang reports Q1 revenue up 13% YoY to $5.8B, a $106.8M operating income, compared to a $205.7M loss in Q1 2022, and active customers up 5% YoY to 19M+ — Coupang Inc., the South Korean e-commerce giant backed by SoftBank Group Corp., reported better-than-expected revenue growth after spending …