Investors cheer as Coupang cuts net loss 29% in Q1

South Korean e-commerce platform Coupang said its first-quarter net loss shrank by 29% from a year earlier. The company posted a net loss of $209.2 million in Q1 this year, in contrast to last year’s net losses of $295 million in Q1 and $404.9 million in Q4, respectively.  Investors cheered the result, sending the value of Coupang’s […]...