Coupang, the South Korean e-commerce powerhouse dubbed the “Amazon of Korea,” delivered a mixed Q2 2026 report: revenue dipped slightly below forecasts at $8.86 billion, but crushed expectations with EBITDA hitting $163 million—far above the $6.93 million predicted. The company also turned free cash flow positive and added 800K new customers, bringing total active users to 24.7 million. However, average revenue per customer remained flat, hinting at stalled spending growth. Analysts project 13.2% revenue growth over the next year, slower than past years but still positive. Stock dipped post-earnings, but long-term investors are keeping a close eye.
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