Wednesday, March 1, 2023

South Korean e-commerce giant Coupang reports Q4 revenue up 4.9% YoY to $5.33B and active customers up 1% YoY to 18.1M, both below estimates (Sohee Kim/Bloomberg)

Sohee Kim / Bloomberg:
South Korean e-commerce giant Coupang reports Q4 revenue up 4.9% YoY to $5.33B and active customers up 1% YoY to 18.1M, both below estimates  —  Coupang Inc., the South Korean e-commerce giant backed by SoftBank Group Corp., reported lower sales than analysts estimated, marring another profitable quarter for the company.



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SpaceX launches Starlink in Indonesia to improve internet access in remote parts of the country, starting with three local health centers (Stefanno Sulaiman/Reuters)

Stefanno Sulaiman / Reuters : SpaceX launches Starlink in Indonesia to improve internet access in remote parts of the country, starting w...