Coupang, Inc. (CPNG) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.734 Hello, everyone. My name is Krista, and I will be your conference operator today. 00:00:03.734 -- 00:00:08.859 At this time, I would like to welcome everyone to the Coupang 2025 Third 00:00:08.859 -- 00:00:13.624 Quarter Earnings Conference Call. All lines have been placed on mute to prevent any background 00:00:13.624 -- 00:00:18.288 noise. After the speaker's remarks, there will be a question and answer session. 00:00:18.288 -- 00:00:22.151 If you would like to ask a question during this time, simply press star followed by the 00:00:22.151 -- 00:00:26.435 number five on your telephone keypad. If you would like to withdraw your question, press 00:00:26.435 -- 00:00:31.572 star and the number five once again. Now I'd like to turn the call over to Mike Parker, 00:00:31.572 -- 00:00:36.238 Vice President of Investor Relations. You may begin your conference. 00:00:37.164 -- 00:00:42.434 Thanks, Operator, and welcome, everyone, to Coupang's third quarter 2025 earnings conference 00:00:42.434 -- 00:00:48.066 call. I'm pleased to be joined on the call today by our founder and CEO, Bom Kim, 00:00:48.066 -- 00:00:51.128 and our CFO, Gaurav Anand. 00:00:51.128 -- 00:00:55.000 The following discussion, including responses to your questions, reflects management's 00:00:55.000 -- 00:01:00.056 views as of today's date only. We do not undertake any obligation to update or 00:01:00.056 -- 00:01:03.953 revise this information, except as required by law. 00:01:03.953 -- 00:01:07.999 Certain statements made on today's call may include forward-looking statements. 00:01:07.999 -- 00:01:10.803 Actual results may differ materially. 00:01:10.803 -- 00:01:15.530 Additional information about factors that could potentially impact our financial results 00:01...