Coupang, Inc. (CPNG) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.037 Hello, everyone. My name is Krista, and I will be your conference operator today. 00:00:04.037 -- 00:00:09.065 At this time, I would like to welcome everyone to the Coupang 2025 Second Quarter Earnings 00:00:09.065 -- 00:00:14.072 Conference Call. All lines have been placed on mute to prevent any background noise. 00:00:14.072 -- 00:00:17.618 After the speaker's remarks, there will be a question and answer session. 00:00:17.618 -- 00:00:21.263 If you would like to ask a question during this time, simply press star followed by the 00:00:21.263 -- 00:00:25.389 number five on your telephone keypad. If you would like to withdraw your question, press 00:00:25.389 -- 00:00:30.216 star and the number five once again. Now, I'd like to turn the call over to Mike Parker, 00:00:30.216 -- 00:00:34.840 Vice President of Investor Relations. You may begin your conference. 00:00:35.784 -- 00:00:40.811 Thanks, operator. Welcome, everyone, to Coupang's second quarter 2025 earnings 00:00:40.811 -- 00:00:46.038 conference call. I'm pleased to be joined on the call today by our founder and CEO, Bom 00:00:46.038 -- 00:00:49.923 Kim, and our CFO, Gaurav Anand. 00:00:49.923 -- 00:00:53.668 The following discussion, including responses to your questions, reflects management's 00:00:53.668 -- 00:00:58.872 views as of today's date only. We do not undertake any obligation to update or revise 00:00:58.872 -- 00:01:02.915 this information except as required by law. 00:01:02.938 -- 00:01:06.804 Certain statements made on today's call may include forward-looking statements. 00:01:06.804 -- 00:01:11.431 Actual results may differ materially. Additional information about factors that could 00:01:11.431 -- 00:01:16.499 potentially impact our financial results is incl...