Social Commerce Companies Throw in the Towel, Tone Down Free Delivery Competition
SEOUL, Oct. 12 (Korea Bizwire) – Social commerce companies are putting an end to competing each other with free delivery services as operating losses continue to soar. Coupang doubled the minimum purchase required for free delivery (Rocket Delivery) from 9,800 ($8.73) to 19,800 starting Tuesday. Rocket Delivery is the company’s ambitious service that offers delivery within [...]