Increased monthly membership fees and improved operational efficiency have led Coupang to raise its earnings forecast for the year and reduce its losses. Bloomberg reported that the South Korean e-commerce giant expects to make a profit before interest, tax, depreciation, and amortization, versus an earlier projection for a $400 million loss. Second-quarter operating losses for [...] The post Coupang Ups Profits After Boosting Fees & Reducing Costs appeared first on ETF Trends .