Coupang posted net income attributable to company stockholders of $156 million in the fourth quarter of 2024, down $876 million from a year earlier.
Diluted earnings per share fell $0.49 to $0.08 in Q4 from the year-ago period, owing to a $0.49 benefit from changes in tax-related reserves in the same period in 2023, the South Korean e-commerce giant said last week.
The company reported net revenue of $8 billion in Q4, up 21% from the year-ago period.
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