SEOUL, Jun. 17 (Korea Bizwire) – In a bold move that has sparked speculation in South Korea’s e-commerce industry, Coupang, the country’s largest online retailer, has hinted at the possibility of suspending its much-lauded “Rocket Delivery” service. This threat comes in the wake of the company being slapped with a record 140 billion won fine by [...]
SEOUL,Feb.3 (Korea Bizwire) –Coupang, a social commerce business, will be able continue its ‘Rocket Delivery’ service. The Seoul District Court dismissed a petition for a provisional injunction filed by 11 logistics companies including CJ Korea Express against Forward Ventures, which is run by Coupang. The logistics companies filed for a provisional ban against Forward Ventures [...]
SEOUL, Oct. 5 (Korea Bizwire) — Shopping at large discount stores has become a less preferred chore for Lee Na-young after the troubling experiences of pulling a cart through crowds and standing in long checkout lines with her two babies crying. When Lee ran out of diapers and wet issues during a busy week, she [...]
Correction: In the previous article, we reported that the Office of Legislation would decide the consequences of the illegality of Coupang’s Roket Delivery service by the end of August. However, the office said that it is currently deliberating the issue but the time is not fixed by the end of August. SEOUL, Aug. 20 (Korea Bizwire) [...]