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About Coupang
Industries
Consumer Software
Consumer Goods
Company Size
5,001-10,000
Company Stage
IPO
Total Funding
$3.3B
Headquarters
Seattle, Washington
Founded
2010
Overview
Coupang operates as an e-commerce platform in South Korea, focusing on making shopping, dining, and daily living easier for its users. The platform caters to a wide audience, including individual consumers and small businesses, by providing a large variety of products and services. Coupang's logistics network enables fast delivery, often within hours, enhancing the shopping experience. The company generates revenue through direct sales, commissions from third-party sellers, and subscription services like Rocket WOW, which offers special perks to its members. What sets Coupang apart from its competitors is its strong emphasis on customer satisfaction and its ability to adapt to changing consumer needs. The goal of Coupang is to continue growing rapidly and to transform the traditional commerce landscape.
Simplify's Take
What believers are saying
- Partnership with ACI Worldwide Express enhances logistics for global sellers in Korea.
- Appointment of Asha Sharma indicates a focus on integrating advanced AI technologies.
- Recent investments show strong investor confidence in Coupang's growth potential.
What critics are saying
- Increased competition from local and international e-commerce platforms threatens market share.
- Legal battle with KFTC could result in financial penalties and reputational damage.
- Rising labor costs in South Korea may impact operational expenses and pricing.
What makes Coupang unique
- Coupang offers rapid delivery services, often within hours, leveraging advanced logistics.
- The company provides a seamless online shopping experience with a vast product selection.
- Coupang's Rocket WOW subscription service offers exclusive benefits, enhancing customer loyalty.
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Funding
Total Funding
$3324.8M
Above
Industry Average
Funded Over
4 Rounds
SoftBankBenefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Parental Leave
Paid Holidays
401(k) Company Match
401(k) Retirement Plan
Employee Assistance Program (EAP) program
Pre-tax commuter benefits
MTV - [Free] Electric Car Charging Station
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 2%2 year growth
↓ -1%Coupang, one of the fastest-growing commerce companies in the world, and leading global logistics provider, ACI Worldwide Express, together have launched ACI Fulfillment for Coupang Sellers.
Prior to the planned transactions noted above, Mr. Kim had not sold any shares of Coupang common stock since the closing of Coupang's initial public offering on March 15, 2021.
플래텀은 'Startup's Story Platform’ 을 모토로 하는 스타트업 전문 미디어입니다.
Lazard Asset Management LLC invests $1.44 million in Coupang, Inc. (NYSE:CPNG).
Capital Wealth Planning LLC invests $1.83 million in Coupang, Inc. (NYSE:CPNG).
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About Coupang
Industries
Consumer Software
Consumer Goods
Company Size
5,001-10,000
Company Stage
IPO
Total Funding
$3.3B
Headquarters
Seattle, Washington
Founded
2010
Coupang is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today