E-commerce companies are using a dispute between Coupang and CJ CheilJedang as a marketing opportunity.
CJ CheilJedang’s Hetbahn and Bibigo products could soon disappear from Coupang as the two companies quarrel over supply and price.
CJ CheilJedang reported a net profit of 225.8 billion won ($170.6 million) in the third quarter, up 6.9 percent on year, driven by rising overseas sales of its food products.
CJ CheilJedang reported a net profit of 225.8 billion won ($170.6 million) in the third quarter, up 6.9 percent on year.
CJ CheilJedang will operate its North American business under one company, making its two separate U.S. subsidiaries swap shares and become one.
CJ CheilJedang reported a net profit of 252.7 billion won ($193.8 million) in the second quarter, down 3.4 percent on year.
CJ CheilJedang will invest an $210 million to expand manufacturing facilities at its amino acid plant in Brazil.
CJ CheilJedang's long term goal is 500 billion won ($384.3 million) worth of sales in Europe by 2027, powered by its Bibigo dumplings and vegan products.
CJ companies will locally invest a total of 20 trillion won ($16 billion) by end of 2026, with a significant portion allocated to the entertainment and culture industry.
CJ CheilJedang logged an expectation-beating net profit of 247.9 billion won ($194.2 million) in the first quarter, up 13.3 percent on year.
Korea JoongAng Daily Sitemap