{
  "docId": "019de075-7fd1-7074-bcd3-b002720bcd14",
  "docSlug": "91c2be648a97ab639f3951c533b60dcc",
  "documentTitle": "Coupang | Results Presentation Deck | 25 slides",
  "authorId": "coupang",
  "authorName": "Coupang",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 3,
  "pageCount": 25,
  "prevPage": 2,
  "nextPage": 4,
  "slideType": "kpi_overview",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 5,
  "notes": "The slide highlights the impact of an FLC accounting change and FX fluctuations on reported revenue growth.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de075-7fd1-7074-bcd3-b002720bcd14/3",
  "deckHref": "/decks/019de075-7fd1-7074-bcd3-b002720bcd14",
  "deckJsonHref": "/decks/019de075-7fd1-7074-bcd3-b002720bcd14.json",
  "deckAnchorHref": "/decks/019de075-7fd1-7074-bcd3-b002720bcd14#slide-3",
  "components": [
    {
      "bbox": {
        "h": 0.06,
        "w": 0.25,
        "x": 0.39,
        "y": 0.2
      },
      "kind": "callout",
      "text": "Would have been ~300 bps higher without FLC accounting change",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a979b94d-285f-446e-ada1-edf9e2966e0c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.38,
        "w": 0.54,
        "x": 0.23,
        "y": 0.45
      },
      "kind": "chart",
      "text": "Quarterly revenue bar chart",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ef782c1c-e656-45dd-9324-0a47dd3ef984",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.25,
        "x": 0.07,
        "y": 0.18
      },
      "kind": "paragraph",
      "text": "Up 16% YoY\nUp 21% YoY FX-neutral",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "789d887c-ec98-4d9e-a19f-f0a245a5950c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.85,
        "x": 0.07,
        "y": 0.88
      },
      "kind": "source-note",
      "text": "Note: Starting in Q2 2023, we implemented certain contract changes that resulted in a change to the prospective accounting for FLC revenue (previously on a gross basis, and now on a net basis). We estimate the Q2 2023 growth rate would have been approximately 300 bps higher without this accounting change.\nNote: FX-neutral represents the change in net revenues as though the foreign exchange rates remained the same as those in effect in the comparable prior year period.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a6d58561-453a-4665-9c79-c68506d4b1d3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.23,
        "x": 0.07,
        "y": 0.12
      },
      "kind": "title",
      "text": "Total Net Revenues",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "350528c2-5398-4c70-8acf-88fa0c87a575",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 14,
      "from": 3,
      "beatId": "1778d6b7-5c10-450d-be5f-f9414d71cb58",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Financial Performance",
      "beatSlug": "sequoia-pitch-financials",
      "evidence": "Detailed financial metrics and analysis",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 14,
      "from": 3,
      "name": "Logic Chain",
      "slug": "01-logic-chain",
      "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis",
      "matchId": "c4241980-3c53-4e22-a5f1-4c9b0a5b1a41",
      "evidence": "The deck provides a clear logic chain from financial metrics to segment performance",
      "position": 0,
      "objective": "Understand the logic behind Coupang's financial performance",
      "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)",
      "confidence": 0.7,
      "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}