Coupang's Korea unit was tallied to have logged sales topping 45 trillion won last year. Operating profit also rose by more than 40%, surpassing the 2.2 trillion won range.
According to the consolidation audit report Coupang released on the 10th, last year's sales were 45.4555 trillion won, up 18.7% from 38.2988 trillion won a year earlier. Over the same period, operating profit was 2.2883 trillion won, up 40.9% from 1.6245 trillion won a year earlier. Net profit came to 1.5891 trillion won, up 37% from the previous year.
Despite the personal data leak at the end of last year and its aftermath, Coupang's growth trajectory appears to have been little affected.
Earlier, in 2024, Coupang's sales growth rate and operating profit growth rate were 21.9% and 52.5%, respectively. The growth continued last year, but the increase was somewhat lower compared with the previous year.
Coupang conducted an interim dividend of 1.46 trillion won last year to its parent, Coupang Inc. in the United States. The company said this was intended to fund global expansion, including Taiwan, and to support overseas exports by domestic small and midsize businesses.
Meanwhile, the full-year results that Coupang Inc. released at the end of Feb. were tallied at sales of 49.1197 trillion won ($34.534 billion) and operating profit of 679 billion won ($473 million). These figures reflect the results of growth businesses, including the Korea unit as well as Coupang Eats, product commerce, and the Taiwan business.