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Coupang shifts to net loss in Q2

Coupang Inc., an online retailer, said Wednesday it swung to a net loss in the second quarter, mainly due to an estimated fine over allegedly using unfair search algorithms.

Coupang posted a net loss of US$105 million in the April-June period from a…

Kakao Bank’s Q2 net jumps over 46 pct on growing customer base

Online lender Kakao Bank said Wednesday its net profit jumped over 46 percent from a year earlier in the second quarter amid a steady increase in the number of its customers.

Its net profit came to 120.2 billion won (US$87.4 million) in the April-Ju…

Paris 2024 Scout: Paris 2024 to be the hottest Olympics

FRANCE, The Paris 2024 Olympics have been recorded as the hottest in history, surpassing Tokyo 2021.

The 2024 Olympics in Paris, France, will face heat, creating a great challenge for athletes and sports fans visiting Paris this time, as some days t…