Coupang

Coupang is one of the largest e-Commerce companies in Asia. Coupang offers a variety of services, including same-day and next-morning delivery of groceries and general merchandise, delivery of prepared foods through Coupang Eats, and video streaming through Coupang Play. It has offices in Beijing, Los Angeles, Seattle, Seoul, Singapore, Shanghai, Silicon Valley, Taipei, and Tokyo.

See below for the Latest Coupang News, Analysis, Profit Results, Share Price Information, and Commentary. 

CJ products return to Coupang after 20-month hiatus

CJ CheilJedang halted sales of its products to Coupang in December 2022.

CJ products return to Coupang after 20-month hiatus

CJ CheilJedang halted sales of its products to Coupang in December 2022.

Coupang to invest $2.23b to expand ‘rocket delivery’ in South Korea

It will set up more than eight fulfilment centres to serve as logistical hubs for swift delivery.

Coupang finalises Farfetch acquisition

Farfetch will also improve its brand through $500m in capital.

Coupang to acquire online luxury firm Farfetch

It will provide $500m capital to support Farfetch’s operations.

South Korea’s Coupang to remain profitable amidst funding crunch: report

The company’s net profit stood at $91m in the third quarter.

Coupang narrows loss to  $75m in Q2 

This improved from the $518m loss in the same quarter last year.

Coupang profit soars 42% YoY in Q1 2022

Its revenue rose 22% YoY, whilst its losses improved by 29% YoY.

Coupang establishes new office in Yanji, China

Some 230 employees are working in the office.

Coupang raises service charge to cut losses

But an analyst fears that this will fall short of reaching profitability.

Coupang faces allegations of manipulating employees’ work hours

Korean laws forbid workers from working more than 52 hours per week.

Coupang allegedly risks data breach by storing user data in China

The company argued its Chinese subsidiary does not store personal data.

Fire engulfs Coupang warehouse

Public outcry sparked following the death of a firefighter.

Coupang expands to Japan with SoftBank backing

It is testing its delivery service in selected locations in Tokyo.