Coupang, Inc. (CPNG) Q1 2025 Earnings Call

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WEBVTT 00:00:01.027 -- 00:00:05.253 Hello, everyone. My name is Krista, and I'll be your conference operator today. 00:00:05.253 -- 00:00:10.259 At this time, I would like to welcome everyone to the Coupang 2025 First Quarter 00:00:10.259 -- 00:00:14.985 Earnings Conference Call. All lines have been placed on mute to prevent any background 00:00:14.985 -- 00:00:19.632 noise. After the speaker's remarks, there will be a question and answer session. 00:00:19.632 -- 00:00:23.537 If you would like to ask a question during this time, simply press star followed by the 00:00:23.537 -- 00:00:27.883 number five on your telephone keypad. If you would like to withdraw your question, press 00:00:27.883 -- 00:00:30.963 star and the number five once again. 00:00:30.963 -- 00:00:35.268 Now I'd like to turn the call over to Mike Parker, Vice President of Investor Relations. 00:00:35.268 -- 00:00:38.309 You may begin your conference. 00:00:40.233 -- 00:00:45.018 Thanks, Operator. Welcome, everyone, to Coupang's first quarter 2025 earnings conference 00:00:45.018 -- 00:00:50.284 call. I'm pleased to be joined in the call today by our founder and CEO, Bom Kim, 00:00:50.284 -- 00:00:53.267 and our CFO, Gaurav Anand. 00:00:53.267 -- 00:00:56.891 The following discussion, including responses to your questions, reflects management's 00:00:56.891 -- 00:01:02.140 views as of today's date only. We do not undertake any obligation to update or revise 00:01:02.140 -- 00:01:05.783 this information except as required by law. 00:01:05.783 -- 00:01:09.907 Certain statements made on today's call include forward-looking statements. 00:01:09.907 -- 00:01:12.750 Actual results may differ materially. 00:01:12.750 -- 00:01:17.235 Additional information about factors that could potentially impact our finan...