Logistics & Supply Chain Strategy Briefing
STREAMLINE: Coupang, Profits from Structure – A Global Experiment by a Company that Achieved Ultra-Competitive Edge
May 23, 2025
Coupang's Q1 2025 results signify more than just numbers. Revenue of $7.9 billion (up 21% at constant exchange rates) and operating profit of $154 million (up 285%) demonstrate that a company that previously accepted losses has definitively transitioned to a profitable structure. With both e-commerce and food delivery now turning profits domestically, the focus shifts to whether this structural model can function in global markets.