As of Q4'25, CPNG reported revenue of -17.48B USD, marking a dramatic reversal from previous quarters. The year-over-year revenue growth for this period stands at -319.42%, indicating a significant decline compared to the historical trend. From Q1'23 to Q3'25, CPNG's revenue exhibited steady growth, rising from 5.8B USD in Q1'23 to 9.27B USD in Q3'25, with YoY growth rates generally remaining positive and peaking at 27.21% in Q3'24. However, Q4'25 shows an abrupt and unprecedented drop, both in absolute revenue and growth rate, which sharply contrasts with the consistent upward trajectory observed over the previous quarters. This suggests a major negative event or accounting adjustment impacting the company's financials at the end of the period.