South Korea’s Coupang operating loss shrinks by a third in 2019 as e-commerce surges

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2020-04-13 18:56:27

Coupang Corp, one of South Korea’s biggest e-commerce firms, said on Tuesday its operating loss shrank by a third last year, helped by a 64% climb in revenue as it expanded its customer base and online demand for home appliances and groceries surged.

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