NYSE:CPNGMultiline Retail
Coupang (CPNG) Is Down 13.8% After Cyber-Hit Loss and Bigger Buyback – Has The Bull Case Changed?
In early May 2026, Coupang reported first-quarter 2026 revenue of US$8,504 million, swinging from net income of US$107 million a year earlier to a net loss of US$266 million, while also expanding its equity buyback authorization to US$2.00 billion after repurchasing 29,216,918 shares under its existing program.
The results underscored the ongoing impact of a late‑2025 cyber incident, pressuring margins through customer vouchers and underused capacity, even as Coupang recovered nearly 80% of...