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Coupang Archives

Coupang revenue soars 32 per cent, fuelling gross profit boost

Gaurav Anand, CFO at Coupang, said the company has recorded its highest gross profit yet during the quarter

Korea’s answer to Amazon Coupang is a success, but where’s the profit?

Korean online marketplace Coupang dominates the growing local e-commerce sector, but one year after its NYSE listing, in...

Coupang Q2 revenue soars on active customer growth

South Korean e-commerce company Coupang has reported surging revenues and profits on higher active customers during its ...

Coupang faces probe into unfair trade practices

Antitrust regulator is also investigating whether Coupang conducted ‘gapjil’ a term referring to power harassment and ab...

Consumers boycott Coupang after criticism of founder, workplace

The amount of frustration and disappointment among consumers against Coupang over the years seems to have exploded follo...

South Korean retail firms Lotte and Shinsegae bid for EBay Korea

EBay Korea is the country's third-largest e-commerce firm with a 12.8-per-cent market share last year.

SoftBank-backed Coupang surges to over US$100 billion valuations in debut

Coupang's stock soared 81 per cent to open at $63.50. The company had priced 130 million shares sold in the IPO at $35 p...

SoftBank-backed Coupang reveals revenue surge ahead of US IPO

Coupang is aiming for a valuation of around US$50 billion in its US initial public offering.

South Korean convenience stores in delivery-service battle

Competition among South Korean convenience stores over delivery services is heating up.

Chinese giants dominate Asia’s online grocery market

China’s two e-commerce giants are driving the most growth in Asia’s online grocery market according to a new report from...