Coupang

E-commerce platform with rapid delivery services

Seattle, Washington, United States

About Coupang

Coupang operates as an e-commerce platform in South Korea, focusing on making shopping, dining, and daily living easier for its users. The platform caters to a wide audience, including individual consumers and small businesses, by providing a large variety of products and services. Coupang utilizes an extensive logistics network and advanced technology to ensure fast delivery, often within just a few hours. The company generates revenue through direct sales, commissions from third-party sellers, and subscription services like Rocket WOW, which offers special perks to its members. What sets Coupang apart from its competitors is its strong emphasis on customer satisfaction and its ability to adapt to the changing needs of its users. The goal of Coupang is to enhance the online shopping experience and continue growing in the competitive e-commerce market.

Seattle, WashingtonHeadquarters
2010Year Founded
$3,324.8MTotal Funding
IPOCompany Stage
Consumer Software, Consumer GoodsIndustries
5,001-10,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Parental Leave
Paid Holidays
401(k) Company Match
401(k) Retirement Plan
Employee Assistance Program (EAP) program
Pre-tax commuter benefits
MTV - [Free] Electric Car Charging Station

Risks

Increased competition from local and international e-commerce platforms threatens market share.
Legal battle with KFTC could result in financial penalties and reputational damage.
Rising labor costs in South Korea may impact operational expenses and pricing.

Differentiation

Coupang offers rapid delivery services, often within hours, leveraging advanced logistics.
The company provides a seamless online shopping experience with a vast product selection.
Coupang's Rocket WOW subscription service offers exclusive benefits, enhancing customer loyalty.

Upsides

Partnership with ACI Worldwide Express enhances logistics for global sellers in Korea.
Appointment of Asha Sharma indicates a focus on integrating advanced AI technologies.
Recent investments show strong investor confidence in Coupang's growth potential.

Funding

Total raised$3.32 B
Latest valuation$60.00 B
StageIPO