#Coupang

Total Articles:
22
Coupang’s 2024 revenue tops $30B as Taiwan, Farfetch fuel growth
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 with an initi...
2025.02.26(Wed)
|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 Jan. 22, Far...
2025.01.22(Wed)
|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 theaters are f...
2024.12.17(Tue)
|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 parcels per ...
2024.12.13(Fri)
|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 operating l...
2024.11.06(Wed)
|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 monthly active ...
2024.10.04(Fri)
|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 over the p...
2024.09.20(Fri)
|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, has file...
2024.09.11(Wed)
|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 centers in nine ...
2024.09.03(Tue)
|Min Young Bin, Lee Jae-eun
Exclusive: Coupang to face 160 bn won fine for algorithm manipulation
Coupang, an e-commerce company accused of manipulating search rankings and using employee reviews to boost its private brand (PB) products, is expected to face ...
2024.08.06(Tue)
|Kwon Soon-wan, Kim Seo-young
Coupang - Kim Bom-suk
Born on October 7, 1978, in Seoul, Kim Bom-suk is a Korean-American who moved to the United States during middle school, following his father, who was an expatr...
2024.08.05(Mon)
Coupang intensifies U.S. lobbying efforts to counter platform regulations
Coupang, South Korea’s e-commerce giant, significantly increased its U.S. lobbying efforts in early 2024, spending over half of last year’s total lobbying funds...
2024.06.26(Wed)
|Kim Min-jeong (Sejong), Park So-Jeong (Sejong), Lee Jung-soo
11th Street sale stalls amid lack of buyers and profitability concerns
The sale of the South Korean e-commerce platform 11th Street, led by financial investors, is encountering significant hurdles. The distribution of the informati...
2024.05.17(Fri)
|Bae Dong-ju, Choi Hyo-jung, Lee Jae-eun
Coupang Chairman Bom Kim mired in favoritism controversy ahead of FTC decision
South Korea’s antitrust agency will announce whether Kim Beomseok, Chairman of e-commerce giant Coupang, will be designated as the controlling party of the comp...
2024.05.14(Tue)
|Choi Hyo-jung, Lee Jae-eun
AliExpress and Temu's users decline in Korea, Coupang grows despite fee hike
Chinese e-commerce platforms AliExpress and Temu experienced slower user growth in South Korea last month, while Coupang saw an increase in monthly users despit...
2024.05.08(Wed)
|Choi Hyo-jung, Yeom Hyun-a
Coupang boosts 'Made in Korea' investments to counter Chinese e-commerce threat
“We will invest 22 trillion won ($16 billion) in direct purchases of made-in-Korea products,” said Coupang founder and CEO Kim Beomseok, also known as Bom Kim, ...
2024.05.08(Wed)
|Kim Eun-young, Lee Jae-eun
Coupang challenges KFTC over unfair trade practices fine in latest legal battle
Coupang, South Korea’s leading e-commerce company, filed an administrative lawsuit against the Korea Fair Trade Commission (KFTC) to challenge a penalty and cor...
2024.04.11(Thu)
|Kim Min-jung (Sejong), Lee Jae-eun
South Korean retail giants hit by falling profits and rising debt
South Korean retailers face a double whammy of shrinking profits and increasing financial woes. The rise of e-commerce giants like Coupang and Chinese online sh...
2024.04.09(Tue)
|Choi Hyo-jung, Lee Jae-eun
From "No" to "Yes," S. Koreans' sentiment toward Japan changed
As soon as the doors opened at 3 p.m. for the opening game of the “Major League Baseball (MLB) World Tour Seoul Series” at Gocheok Sky Dome in Seoul on Mar. 20,...
2024.04.01(Mon)
|Song Hye-jin, Kim Mi-geon
Coupang will invest whopping 3tn won to stay ahead of AliExpress
“We will invest more than 3 trillion won ($2.23 billion) in the South Korean market over the next three years,” said a senior official from Coupang, South Korea...
2024.03.28(Thu)
|Song Hye-jin, Kim Mi-geon
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