Coupang Logs 3-Fold Jump in 2015 Sales

SEOUL, April 14 (Korea Bizwire) – Coupang, South Korea’s leading e-commerce operator, said Thursday its sales jumped more than three-fold in 2015 thanks to its delivery service, but its operating loss widened due to big investments in logistics capacity. Coupang posted 1.13 trillion won (US$ 976.66 million) in sales last year, becoming the first social commerce [...]