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Survey Reveals Coupang Warehouse Workers Suffer from Extreme Temperatures and Dust

Survey Reveals Coupang Warehouse Workers Suffer from Extreme Temperatures and Dust

SEOUL, Feb. 1 (Korea Bizwire) – A survey has highlighted significant concerns among Coupang’s warehouse workers regarding extreme working conditions, including heat, cold, and dust exposure.  The Korean Confederation of Trade Unions (KCTU) held a press conference on January 31st in front of the Seoul Regional Employment and Labor Office to disclose the findings from a [...]

Coupang’s Bundled Services Score Major Market Success

Coupang’s Bundled Services Score Major Market Success

SEOUL, Jan. 27 (Korea Bizwire) –Coupang’s innovative approach of integrating its services, particularly through bundled products linked with Rocket Wow benefits, has proven to be highly effective. This strategy has led to significant achievements in both the video streaming and food delivery markets, with Coupang Play securing the second position in South Korea’s streaming market, [...]

Complaint Filed against Coupang over Alleged Unfair Practices

Complaint Filed against Coupang over Alleged Unfair Practices

SEOUL, Jan. 16 (Korea Bizwire) — 11Street Co., a South Korean e-commerce company, said Tuesday it has filed a complaint with the anti-trust regulator over its bigger rival Coupang, Inc.’s alleged unfair practices. New York-listed Coupang has recently released the comparison between the maximum commission rates it receives from its product suppliers and competitors’ rates [...]

Coupang and LG H&H Resume Direct Rocket Delivery After Nearly Five-Year Conflict

Coupang and LG H&H Resume Direct Rocket Delivery After Nearly Five-Year Conflict

SEOUL, Jan. 13 (Korea Bizwire) –Coupang has re-established direct sales with LG Household & Health Care (LG H&H), nearly five years after the latter pulled its products from the Coupang platform following a dispute over pricing. This move comes with large manufacturers and distribution chains increasingly joining the anti-Coupang front, and Chinese shopping platforms like [...]

Coupang Eyes Breakthrough Despite Intense Rivalry in Korea’s Thriving E-commerce Scene

Coupang Eyes Breakthrough Despite Intense Rivalry in Korea’s Thriving E-commerce Scene

SEOUL, Jan. 11 (Korea Bizwire) – As it approaches its third year of being listed on the U.S. stock market, South Korean e-commerce giant Coupang is generating buzz with expectations of its first-ever profit. However, the company faces intensifying competition with the entry of Chinese shopping platforms like AliExpress, raising concerns about the slowing growth of [...]

Battle for Luxury Fashion Market Intensifies Between Shinsegae Group and Coupang in South Korea

Battle for Luxury Fashion Market Intensifies Between Shinsegae Group and Coupang in South Korea

SEOUL, Jan. 9 (Korea Bizwire) – Shinsegae Group, a traditional powerhouse in South Korea’s retail sector, is poised to clash with the emerging force Coupang in the luxury fashion market. SSG.com, operated by Shinsegae Group, has announced plans to introduce South Korea’s first official brand store for global luxury e-commerce platform Net-a-Porter. Net-a-Porter, established in the [...]

Tensions Escalate Between Coupang and Korea Economy Daily Over Media Coverage

Tensions Escalate Between Coupang and Korea Economy Daily Over Media Coverage

SEOUL, Jan. 5 (Korea Bizwire) – A conflict has erupted between Coupang, the South Korean e-commerce giant, and the Korea Economic Daily newspaper, following a series of critical articles published by the latter. Coupang has announced plans for legal action, accusing the newspaper of siding with major conglomerate-run retail companies and belittling its innovative practices. [...]

Coupang’s Remarkable Growth a Boon for South Korean Small Businesses

Coupang’s Remarkable Growth a Boon for South Korean Small Businesses

SEOUL, Jan. 3 (Korea Bizwire) – In a major boost for South Korea’s small businesses, Coupang, one of the country’s largest online retailers, has announced a significant milestone: the number of small business owners on its platform has surpassed 210,000, with their annual transaction volume exceeding 9 trillion won.  This news was highlighted in Coupang’s recently [...]

Coupang to Acquire British Online Luxury Firm Farfetch

Coupang to Acquire British Online Luxury Firm Farfetch

SEOUL, Dec. 19 (Korea Bizwire) — New York-listed e-commerce company Coupang, Inc. said Tuesday it will acquire British online luxury fashion retailer Farfetch Holdings in a deal that brings Coupang the leading position in the $400 billion global personal luxury goods market. The deal will provide Farfetch with $500 million in capital to continue its [...]

Consumer Electronics Retailers Innovate with After-Sales Services to Navigate Crisis

Consumer Electronics Retailers Innovate with After-Sales Services to Navigate Crisis

SEOUL, Oct. 3 (Korea Bizwire) – Consumer electronics retailers, grappling with a dire challenge for survival, are seeking innovative solutions by introducing after-sales services (AS) and membership programs. In the face of escalating e-commerce competition, diversified sales channels, and a global economic downturn, consumer electronics retailers find themselves at a crossroads.  In an effort to navigate [...]