Prosecutors raided Coupang's headquarters amid allegations of manipulating search algorithms to favor its private label products.
Coupang CEO Bom Kim will sell 15 million shares valued at $356.3 million after disappointing earnings, with plans to donate 2 million.
Coupang achieved a record $7.87 billion in Q3 revenue, despite earnings missing Wall Street expectations.
Coupang is offering discounts of up to 80 percent on popular electronic items for its annual Black Friday event.
Coupang Play original series “Family Matters,” starring actor Bae Doo-na, is set for release on Nov. 29, the streaming platform said Thursday.
In the latest episode released on Oct. 26, "SNL Korea Season 6" parodied the teenage character from the TV series "Jeongnyeon: The Star Is Born" in a sexually suggestive manner.
Coupang continues to invest outside the greater Seoul area with the start of a new logistics facility in Ulsan.
The e-commerce giant completed the construction of a logistics center in Gwangju to facilitate its next-day Rocket Delivery system in the southwest region.
From movie and music streaming services to e-commerce sites like Coupang and coffee chains like Starbucks — consumers are overloaded with monthly subscription services.
Conflict continues to brew between restaurant owners and delivery platforms over high commission rates, with no clear-cut solution in sight.
Korea JoongAng Daily Sitemap
