Online and app purchases up dramatically in April

Online travel and transportation purchases in April rose 55.2 percent year-on-year while culture and leisure online purchases rose 84.5 percent, which is believed to have been contributed by the rising number of people vaccinated.

2021-06-03

Musinsa sales rise 51 percent while profit drops

Musinsa sales last year jumped 51 percent, though its operating profit shrunk 7 percent.

2021-04-14

Lotte Mart escalates retail price war

Lotte Mart has jumped into a price war that has intensified since Coupang went public last month. Lotte Mart has jumped into a price war that has intensified since Coupang went public last month.

2021-04-14

Kakao, favored bidder for eBay Korea, sits this one out

When eBay Korea put itself on the block in January, Kakao seemed to be one of the most promising bidders as it does battle in the highly-competitive e-commerce market.

2021-03-20

Coupang cashed up and ready to go after huge IPO

After a wildly successful IPO, Coupang is cashed up and ready to take on competitors gunning for the leadership position in Korea’s highly-competitive e-commerce market.

2021-03-12

Coupang, a giant, decade-old start-up, prepares for listing

It’s been little more than a decade since Coupang was established, but the e-commerce operator has been a market disrupter that has set new retail rules.

2021-02-15

Coupang seeks New York listing with 2 classes of shares

Coupang is planning to list on the New York Stock Exchange (NYSE) in a $1-billion offering that could make it the largest foreign issuer in the United States since Alibaba.

2021-02-14