Coupang, an e-commerce player listed in New York, is test-operating its delivery service in Japan in the company's first move to the overseas market.
Eco-friendly e-commerce deliveries, sustainable furniture and plastic bottles without labels are some goods and services provided by the companies partnered with the P4G Seoul Summit as a part of efforts to reduce the carbon footprint.
Coupang, which has been hit by numerous complaints about poor working conditions and possible work-related deaths, is introducing a program that will allow deliverymen to take a month of paid leave.
Coupang reported a massive quarterly loss just two months after its New York listing, missing expectations by a wide margin as it made its first earnings announcement as a public company.
Coupang reported a huge loss and a dramatic miss in its first earnings announcement as a public company, the stock dropping below its IPO price in after-hours trade.
“I’ve saw a woman in her 40s driving a Mercedes-Benz come to our restaurant to pick up a burger to deliver,”
TMON appointed Jon In-chon as the new CEO of the e-commerce operator, the company said Monday.
The at-home shopping delivery boom is bad for the environment and could be a problem for Korea as it seeks to meet its carbon goals.
Coupang was designated as a “large business group” by the Fair Trade Commission (FTC) on Thursday, subjecting the U.S. company to a wide range of additional regulations.
Coupang is under pressure from Korea's largest e-commerce company and its partners as they roll out promotions in an effort prevent the newly-listed rival from gaining share and becoming dominant in the market...