16 Facts About Coupang

Coupang is a South Korean e-commerce company based in Seoul, South Korea, and incorporated in Delaware, United States.

Coupang is often referred to as the "Amazon of South Korea", due its position and corporate size in South Korean online market.

Coupang is headquartered in Seoul, South Korea, in the Songpa-gu District.

Coupang has offices in Beijing, Shanghai, Los Angeles, Mountain View, and Seattle.

In July 2020, Coupang acquired the assets of Singaporean streaming service HOOQ to form the nucleus of its streaming service named Coupang Play.

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Coupang had its IPO on the New York Stock Exchange on 11 March 2021.

Coupang announced in 2020 that its annual revenue in 2019 increased by 64.

Coupang is well known for its fast and efficient delivery system.

Coupang Eats' growth year-on-year was noticeable in the recognition survey of each app.

Coupang Eats topped the list with 74 percent for satisfaction with delivery apps.

Coupang Flex is an outsourcing service that provides temporary employment to anyone over 18 years old.

Coupang Play is a South Korean subscription-based video streaming service launched by Coupang in December 2020.

Thanks to this, Coupang currently leads the Korean e-commerce industry in terms of sales.

However, Coupang uses its purchased delivery trucks as private vehicles, not as freight transportation, so the license plates of the delivery trucks are white rather than yellow for freight.

Coupang has been involved in complaints by activists and families of workers who allegedly died from overwork.

Coupang is not the only logistics and delivery business facing such complaints in 2021.