SEOUL -- South Korean e-commerce site operator Coupang on Thursday reported its first profit since going public as years of heavy investments in logistics facilities started to pay off.
SoftBank-backed e-commerce company sees 7% increase in users

Coupang has reached profitability after years of investing in infrastructure. (Photo courtesy of Coupang)
SEOUL -- South Korean e-commerce site operator Coupang on Thursday reported its first profit since going public as years of heavy investments in logistics facilities started to pay off.