China growth and global non-US Internet equities

Blue Lotus Research Institute

Blue Lotus Research is a Hong Kong Type 4 Licensed investment advisory firm focusing on Chinese growth equities and global non-US Internet equities

Blue Lotus Non US Internet research, Blue Lotus Research Institute

Ying Pan

Blue Lotus Non US Internet research

Thematic (Sector/Industry)

China Diversified consumer services / Thematic (Sector/Industry)

<ul>
<li>CPNG/BABA/PDD : Coupang sacrifices profitability for growth in 3Q23 (-/+/+)</li>
<li>On November 8th, 2023 Coupang reported 3Q23 revenue, operating profit, and net income 4%, (39%), and (23%) vs. consensus estimates.</li>
<li>Revenue beat mainly driven by Korea business with growth of the platform significantly outpacing peers.</li>
</ul>


CPNG/BABA/PDD : Coupang sacrifices profitability for growth in 3Q23 (-/+/+)
On November 8th, 2023 Coupang reported 3Q23 revenue, operating profit, and net income 4%, (39%), and (23%) vs. consensus estimates.
Revenue beat mainly driven by Korea business with growth of the platform significantly outpacing peers.


[Blue Lotus Daily]: CPNG/BABA/PDD:Coupang Sacrifices Profitability for Growth in 3Q23 (-/+/+)