Coupang, Inc. (CPNG) Q2 2024 Earnings Call Transcript

Aug. 06, 2024 7:03 PM ETCoupang, Inc. (CPNG) StockCPNG
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Q2: 2024-08-06 Earnings Summary

EPS of $0.07 beats by $0.07
 | Revenue of $7.32B (25.44% Y/Y) misses by $63.14M

Coupang, Inc. (NYSE:CPNG) Q2 2024 Earnings Conference Call August 6, 2024 5:30 PM ET

Company Participants

Mike Parker - Vice President of Investor Relations
Bom Kim - Founder & Chief Executive Officer
Gaurav Anand - Chief Financial Officer

Conference Call Participants

Stanley Yang - JPMorgan
Eric Cha - Goldman Sachs
Seyon Park - Morgan Stanley
Jiong Shao - Barclays
James Lee - Mizuho

Operator

Hello, everyone. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome everyone to the Coupang 2024 Second Quarter Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. [Operator Instructions]

Now, I'd like to turn the call over to Mike Parker, Vice President of Investor Relations. You may begin your conference.

Mike Parker

Thanks, operator. Welcome, everyone, to Coupang' Second Quarter 2024 Earnings Conference Call. I'm pleased to be joined on the call today by our Founder and CEO, Bom Kim; our CFO, Guarav Anand. The following discussion, including responses to your questions, reflects management's views as of today's date only. We do not undertake any obligation to update or revise this information except as required by law.

Certain statements made on today's call include forward-looking statements. Actual results may differ materially. Additional information about factors that could potentially impact our financial results is included in today's press release and in our filings with the SEC, including our most recent annual report on Form 10-K and subsequent filings.

During today's call, we may present both GAAP and non-GAAP financial measures. Additional disclosures regarding these non-GAAP measures, including reconciliations of these measures to the most comparable GAAP measures are included in our earnings release, our slides accompanying this webcast, SEC filings, which are posted on the company's

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