Coupang reports Q4 revenue of $8.8 billion, missing analyst expectations

Reuters
02/27
Coupang reports Q4 revenue of $8.8 billion, missing analyst expectations

Feb 26 (Reuters) - E-commerce giant Coupang Inc CPNG.N on Thursday posted an 11% rise in fourth-quarter revenue from a year earlier, missing analysts' estimates.

Revenue for the October-December period came in at $8.8 billion, compared with an $8.9 billion forecast from LSEG SmartEstimate, which is weighted toward analysts who are more consistently accurate.

(Reporting by Bipasha Dey in Bengaluru and Heekyong Yang, Editing by Miyoung Kim)

((Bipasha.Dey@thomsonreuters.com;))

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