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Latest Articles in Coupang

Online Boom: SoftBank-Backed Coupang Surges To Over $100 Billion Valuation In Debut

Coupang's net sales jumped 91% year-on-year to $11 billion. Net losses narrowed to $567.6 million from $770.2 million posted in the prior year.

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Softbank-Backed Coupang Under Scrutiny After South Korea Warehouse Virus Outbreak

Coupang, backed by Japan's SoftBank and dubbed the Amazon of South Korea, hired thousands of temporary workers to staff the 24-hour operation.

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South Korea's Coupang Operating Loss Shrinks By A Third In 2019 As E-Commerce Surges

Online shopping in South Korea jumped 25% to 11.96 trillion won ($9.8 billion) in February from a year earlier, accounting for 28% of all retail sales, according to the government's statistics office.

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