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Coupang Swings to Q3 Loss on Warehouse Fire Costs
Coupang Inc. swung to a net loss in the third quarter from a year earlier, largely due to costs caused by a warehouse fire, the company said Wednesday. Yonhap reports the U.S.-listed e-commerce giant posted its second-largest operating loss of more than 600 billion won since going public in 2021, staying in the red for the third consecutive quarter. KBS World reports the loss exceeded 642.3 billion won. In response, Coupang is accelerating efforts to improve operational efficiency and restore profitability by introducing AI technology at its logistics facilities, with Chairman Bom Kim targeting a mid-2027 profit recovery, according to Business Korea.


















