Coupang reports Q3 revenue up 27% YoY to $7.9B, net retail sales of $6.14B, vs. $6.24B est., and operating income below projections; CPNG drops 8% after hours (Yoolim Lee/Bloomberg)

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Yoolim Lee / Bloomberg:
Coupang reports Q3 revenue up 27% YoY to $7.9B, net retail sales of $6.14B, vs. $6.24B est., and operating income below projections; CPNG drops 8% after hours  —  - The company faces challenges from Alibaba and Temu in Korea  — Coupang's online luxury firm Farfetch was near breakeven