Coupang, a leading Korean eCommerce company, reported a mixed financial performance in its latest quarterly earnings. The company posted revenues of $7.1 billion, a 23% increase year-over-year, surpassing the expected $7.0 billion. This growth was attributed to a 28% increase on an FX-neutral basis and a 23% increase excluding Farfetch. However, Coupang missed earnings expectations with an EPS of $0.05, below the anticipated $0.06. The company's active customer base grew to 21.5 million, a 16% increase from the previous year. Despite these gains, Coupang's stock fell by 4% in after-hours trading. Coupang Pay has been enhancing customer transactions, and the company offers localized services with rapid delivery across a range of products from electronics to groceries. The gross margin improved to 27.1% from 24.5% last year.