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Coupang Inc., the U.S. parent company of Coupang, recorded an operating loss of 642.3 billion won in the third quarter of this year.
Following a return to a deficit in the first quarter of this year in the wake of last year's personal data leak incident, this marks the third consecutive quarter of operating losses.
Third-quarter revenue rose 11% year-on-year to 14.2209 trillion won, while net losses reached 715.1 billion won.
Coupang stated that a fire at its Incheon logistics center last July also affected its financial performance.