Browsing Tag

Coupang

Coupang Dives into Video Streaming with Launch of Coupang Play

Coupang, one of Asia's largest eCommerce companies, added video streaming as its latest offering to WOW members with the launch of Coupang Play. At no additional cost, subscribers to Coupang's premium membership service will now be able to enjoy unlimited video streaming on top of existing benefits such as Rocket Fresh groceries, free shipping and returns, same-day delivery, and Dawn Delivery, which enables customers placing orders as late as midnight to receive their deliveries by 7 AM the next day. Currently, Coupang…

Coupang Launches Global Retail Partner Program

Company offers brands like Downy, Lego, California Baby instant access to world’s fifth largest online retail market Coupang, one of the world’s largest and fastest-growing ecommerce companies, announced a global partner program that will enable brands to immediately access a market that ranks the fifth largest in online retail sales. The Korean ecommerce segment is on pace to be the world’s third largest, with $119 billion in annual sales by 2021, behind only China and the U.S. Ecommerce in Korea is on pace to grow by…

Coupang Announces $2 Billion Investment from the SoftBank Vision Fund

Leading Consumer Internet Company More than Doubles Revenue in 2 Years Approaching $5 Billion in 2018 Coupang, one of the largest and fastest growing e-commerce companies in the world, announced that the SoftBank Vision Fund will invest $2 billion in Coupang. This follows SoftBank Group’s initial investment of $1 billion in June 2015. This new primary capital will enable Coupang to continue investing in consumer-first technology innovations. Lydia Jett, Partner at SoftBank Investment Advisers and Coupang Board member,…