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More specifically, these expenses include costs incurred in operating and staffing our fulfillment centers (including costs attributed to receiving, inspecting, picking, packaging, and preparing customer orders), customer service related costs, payment processing fees, costs related to the design, execution, and maintenance of our technology infrastructure and online offerings, advertising costs, general corporate function costs, and depreciation and amortization expense
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10-K
2021 FY
9 Nov 22
Product Commerce segment margin expanded quarter-over-quarter in Q4
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Transcript
2021 Q4
9 Nov 22
Additionally, cost of sales includes outbound shipping and logistics related expenses, delivery service costs from our restaurant delivery business, and depreciation and amortization expense
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10-K
2021 FY
7 Nov 22
Inbound shipping and handling costs to receive products from suppliers are included in inventory and recognized in cost of sales as products are sold
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10-K
2021 FY
7 Nov 22
includes logistics costs
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10-K
2021 FY
7 Nov 22
purchase price of products sold
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10-K
2021 FY
7 Nov 22
There are also some pressures from inflation, including higher fuel costs
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Transcript
2022 Q2
7 Nov 22
And for the first time as a public company, we reached positive adjusted EBITDA for the total company, with $66 million in adjusted EBITDA for Q2.
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2022 Q2
7 Nov 22
Active Customers in our Eats offering declined, due in part to a minus 11% contraction quarter-over-quarter in the overall online food delivery segment after the loosening of COVID restrictions.
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2022 Q2
7 Nov 22
driven primarily by our Eats offering
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2022 Q2
7 Nov 22
Fresh annual run rate stands at nearly $3 billion, on the back of what we believe is the best value proposition for an online fresh offering in any market.
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2022 Q2
7 Nov 22
with improvements of 150 bps quarter-over-quarter and 380 bps year-over-year, net of the fire.
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2022 Q2
7 Nov 22
scaling margin-accretive offerings, including advertising
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2022 Q2
7 Nov 22
separate from the Developing Offerings segment, which captured our investment in nascent initiatives like Eats and International.
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2022 Q2
7 Nov 22
we broke out Product Commerce as a segment representing our core e-commerce and Fresh offerings
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2022 Q2
7 Nov 22
We increased our investments in free Rocket shipping, exclusive discounts, and free video content for our WOW members by 50% over last year to a record $500 million in Q2 alone.
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2022 Q2
7 Nov 22
The improved adjusted EBITDA was the result of lower advertising and promotional costs and lower delivery costs per order associated with Coupang Eats, offset by continued investments made in our licensed content for Coupang Play, as well as start-up costs made for our international e-commerce offerings.
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10-Q
2022 Q2
7 Nov 22
The increase primarily reflects higher labor costs and advertisement expenses to support growth and expansion of newer offerings and initiatives. These expenses as a percentage of revenue decreased from 26.2% to 24.2% for the three months ended June 30, 2022 related primarily to costs of $138 million in the prior year period related to the fulfillment center fire in 2021, partially offset by increases in labor costs and advertising expenses
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10-Q
2022 Q2
7 Nov 22
an increased percentage of revenues earned from higher margin revenue categories, and costs of $158 million in the prior year period related to the fulfillment center fire in 2021.
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10-Q
2022 Q2
7 Nov 22
We provided guidance at the beginning of the year that we expected adjusted EBITDA losses to be below $400 million for full year 2022.
We are now raising that guidance to achieve positive adjusted EBITDA for the full year.
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Transcript
2022 Q2
17 Aug 22