Coupang
Driven by innovation, Coupang is fundamentally shifting the paradigm of Korea’s retail industry. Based on “Rocket Delivery” that delivers products customers want the next day, it has expanded its customer services, including Coupang Eats (food delivery service) and Coupang Play (OTT streaming service). It is a large conglomerate, consisting of affiliates such as Coupang Fulfillment Services (CFS), Coupang Logistics Services (CLS), and Coupang Pay under the umbrella of Coupang Corp. In March 2021, it was successfully listed on the New York Stock Exchange (NYSE) in the U.S.
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Key people from Coupang
Coupang soars on Taiwan push, ties up with global brands
South Korean e-commerce giant Coupang reported record-high quarterly revenue on May 7, driven by robust growth in Taiwan and its luxury platform Farfe...
Kim Eun-young, Park Su-hyeon
Coupang's 2024 revenue tops $30B as Taiwan, Farfetch fuel growth
Coupang’s revenue in 2024 reached 41.29 trillion won ($30.27 billion), marking a 29% increase from the previous year. The company, founded in 2010 wit...
Kim Eun-young, Park Su-hyeon
Coupang eyes luxury business expansion as Farfetch nears profitability
Farfetch, a U.K.-based luxury platform acquired by Coupang last year, is expected to return to profitability soon. According to industry sources on Ja...
Kim Eun-young, Kim Seo-young
South Korea's streaming platforms trade holiday cheer for mystery and chills
Movies and TV shows released on South Korean streaming platforms and cinemas this year-end have taken on a strikingly different tone. While movie thea...
Kim Min-jung, Lee Jae-eun
Retailers struggle with costly 'free returns' as annual returns hit 500 million
South Korea’s annual parcel shipping volume reached 5.06 billion last year, up 52.9% compared to 2020. This surge translates to an average of 100.4 pa...
Seok Nam-jun, Lee Jae-eun
Coupang's Q3 revenue hits all-time high as user base grows
South Korean e-commerce giant Coupang reported record-breaking quarterly revenue in the third quarter this year, returning to profitability after an o...
Choi Hyo-jung, Lee Jung-soo
Coupang gains users despite membership fee hike, rivals struggle to keep up
Coupang, South Korea’s leading e-commerce platform, has seen its user base grow despite a recent hike in membership fees. The e-commerce giant’s month...
Choi Hyo-jung, Lee Jae-eun
Disney+ loses 1.5 million subscribers in South Korea, slashes prices to attract viewers
Disney+, the streaming service owned by the Walt Disney Company, has been facing challenges in South Korea. The platform lost 1.5 million subscribers ...
Jang Woo-jung, Lee Jae-eun
Coupang appeals to overturn record $121 million fine
Coupang, a South Korean e-commerce giant accused of manipulating search algorithms and using fake employee reviews to boost its private brand products...
Kim Eun-young, Lee Jae-eun
Coupang invests $2.2 billion to expand rocket delivery nationwide
Coupang, South Korea’s leading e-commerce giant, said on September 3 that it plans to invest 3 trillion won ($2.2 billion) to build fulfillment center...
Min Young Bin, Lee Jae-eun