Coupang, Inc.

CPNG

US22266T1097

Department Stores

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
22.91 ^USD	-0.52%		+4.09%	+41.51%

Apr. 16	Nomura Raises Price Target on Coupang to $26 From $21 on Increased Membership Fee, Keeps Buy Rating	MT
Apr. 15	Coupang Remains Top Pick Following Membership Fee Increase, Morgan Stanley Says	MT

NYSE Suspends Farfetch Ltd. Shares

December 19, 2023 at 06:40 pm EST

By Josh Beckerman

The New York Stock Exchange said it was suspending Farfetch Ltd. shares immediately, citing a Monday securities filing that mentioned the company's expectation that Class A and B stockholders won't recover any of their outstanding investments.

Coupang said Monday that it would buy the business and assets of luxury retailer Farfetch Holdings, but the listed entity Farfetch Ltd. was unable to secure the additional liquidity it needed to continue as a going concern.

Farfetch Ltd. said in the filing that it expected to be delisted from the NYSE and to be liquidated.

On Friday, Farfetch shares closed at 64 cents. The stock was halted Monday morning.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

12-19-23 1839ET

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	COUPANG, INC.	22.91 USD	-0.52%	+4.09%	41.08B
	FARFETCH LIMITED	0.0088 USD	-2.22%	-9.28%	3.48M

Latest news about Coupang, Inc.

Nomura Raises Price Target on Coupang to $26 From $21 on Increased Membership Fee, Keeps Buy Rating	Apr. 16	MT
Coupang Remains Top Pick Following Membership Fee Increase, Morgan Stanley Says	Apr. 15	MT
Citigroup Upgrades Coupang to Buy From Neutral, Adjusts Price Target to $26 From $19	Apr. 15	MT
Morgan Stanley Lifts Price Target on Coupang to $26 From $24 to Reflect WOW Membership Price Increase; Overweight Kept	Apr. 15	MT
Coupang Changing WOW Membership's Monthly Price; Shares Rise	Apr. 12	MT
Coupang Reportedly Raising Wow Membership Fees By 58%; Shares Rise	Apr. 12	MT
Tranche Update on Coupang, Inc.'s Equity Buyback Plan announced on April 5, 2024.	Apr. 05	CI
Coupang, Inc. announces an Equity Buyback for 10,000,000 shares, for $177.9 million.	Apr. 05	CI
Baemin to Deliver Starbucks Coffee and Food in South Korea	Apr. 04	MT
Coupang, Inc.'s Equity Buyback announced on April 1, 2024, has closed with 10,000,000 shares, for $177.9 million.	Apr. 02	CI
Coupang, Inc. authorizes a Buyback Plan.	Mar. 31	CI
Coupang to Reportedly Invest Over $2 Billion in Next-Day Delivery Service	Mar. 27	MT
Coupang Insider Sold Shares Worth $2,538,210, According to a Recent SEC Filing	Mar. 20	MT
Coupang, Inc.(NYSE:CPNG) added to NASDAQ Internet Index	Mar. 17	CI
Coupang Insider Sold Shares Worth $924,000, According to a Recent SEC Filing	Mar. 13	MT
South Korea probes data protection by e-commerce platforms like AliExpress, Temu	Mar. 07	RE
News Highlights : Top Company News of the Day - Wednesday at 11 AM ET	Mar. 06	DJ
News Highlights : Top Company News of the Day - Wednesday at 9 AM ET	Mar. 06	DJ
News Highlights : Top Global Markets News of the Day - Wednesday at 7 AM ET	Mar. 06	DJ
Barclays Adjusts Price Target on Coupang to $25 From $24, Maintains Overweight Rating	Feb. 29	MT
Transcript : Coupang, Inc., Q4 2023 Earnings Call, Feb 27, 2024	Feb. 27
Coupang Q4 Adjusted Earnings, Net Revenue Increase	Feb. 27	MT
Earnings Flash (CPNG) COUPANG Reports Q4 EPS $0.08, vs. Street Est of $0.06	Feb. 27	MT
Earnings Flash (CPNG) COUPANG Posts Q4 Revenue $6.56B, vs. Street Est of $6.409B	Feb. 27	MT
Coupang, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 27	CI

Chart Coupang, Inc.

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Company Profile

Coupang, Inc. owns and operates a retail business, which primarily serves the Korean retail market. Through its mobile applications and Internet websites, it offers products and services that span a range of categories, including home goods and decor, apparel and beauty products, fresh food and grocery, sporting goods, electronics, everyday consumables, travel, restaurant order and delivery, content streaming, and advertising. Its Product Commerce segment primarily includes core Korean retail (owned inventory) and marketplace offerings and Rocket Fresh, its fresh grocery offering, as well as advertising products associated with these offerings. Its Developing Offerings segment primarily includes more nascent offerings and services, including Coupang Eats, its restaurant ordering and delivery service in Korea, Coupang Play, its online content streaming service in Korea, fintech, its retail operations in Taiwan, as well as advertising products associated with these offerings.

Sector

Department Stores

Calendar

2024-05-07 - Q1 2024 Earnings Release

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Ratings for Coupang, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

22.91 USD

Average target price

22.64 USD

Spread / Average Target

-1.16%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

Sector Internet & Mail Order Department Stores

	1st Jan change	Capi.
COUPANG, INC.	+41.51%	41.08B
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ZOZO, INC.	+7.09%	6.41B
WAYFAIR INC.	-15.71%	6.26B
FSN E-COMMERCE VENTURES LIMITED	+1.81%	6.07B
MONOTARO CO., LTD.	+15.78%	5.63B
OCADO GROUP PLC	-53.44%	3.6B

Internet & Mail Order Department Stores

Coupang, Inc.

Equities

CPNG

US22266T1097

Department Stores

NYSE Suspends Farfetch Ltd. Shares

Stocks mentioned in the article

EPS Revisions