Coupang Q3 net profit jumps 51%
Coupang Inc. posted net income of 131.6 billion won ($95 million) for the third quarter, up 51% from 86.9 billion won ($64 million) a year earlier. In dollar terms, profit rose 48%. The net margin was 1%, slightly higher than 0.8% a year ago. Earnings per share came in at $0.05, up one cent from $0.04.
Active customers in the product-commerce segment—includ..