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Coupang logs third straight quarterly operating loss
Coupang swung to a net loss in the third quarter from a year earlier, largely due to costs caused by a warehouse fire, Korea Times reports. Yonhap says the U.S.-listed e-commerce giant reported an operating loss of 642.3 billion won for the three months ended September, marking its third consecutive quarterly deficit. Maeil Business Newspaper adds that profitability deteriorated after last year's personal information leak, with revenue still growing at a double-digit rate but the loss not narrowing.


















