The latest data point for CPNG's revenue in Q4'25 shows $8.835B USD, marking a slight decline of 4.7% from the previous quarter's $9.267B USD and reflecting a year-over-year growth of 10.9%. This represents the first quarterly drop in revenue since Q1'25, potentially indicating seasonal pressures or market saturation after a period of strong expansion. Over the period from Q1'23 to Q4'25, CPNG's revenue has exhibited robust overall growth, rising from $5.801B USD to $8.835B USD, with an average quarterly increase of approximately 8%. Year-over-year growth rates peaked at 27.2% in Q3'24 but moderated to 10.9% in Q4'25, highlighting a trend of accelerating expansion through 2024 followed by stabilization in 2025, driven by consistent gains in e-commerce volumes despite the recent quarterly dip.