Coupang reports Q2 revenue up 25% YoY to $7.3B and a net loss of $77M, its first loss since 2022, due to its Farfetch deal and a South Korean regulatory fine (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg:
Coupang reports Q2 revenue up 25% YoY to $7.3B and a net loss of $77M, its first loss since 2022, due to its Farfetch deal and a South Korean regulatory fine  —  - The Farfetch deal and a government fine weighed on results  — The company is investing in safeguarding its delivery network