coupang

Farfetch Acquired by Korean eCommerce Giant Coupang
Farfetch Acquired by Korean eCommerce Giant Coupang
December 19, 2023  |  Retail

Struggling luxury retailer Farfetch has been purchased by Coupang, the South Korean eCommerce giant. The deal gives Coupang greater access to the personal luxury goods space, while offering...

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Coupang Reports Strong Growth and Profitability in Q3
Coupang Reports Strong Growth and Profitability in Q3
November 07, 2023  |  Earnings

Coupang has reported strong financial results for the third quarter of 2023. The company’s net revenues reached $6.2 billion, with a year-over-year growth of 21%...

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CE100 Index Dips 2.6%, Led by Vroom’s Post-Earnings Skid
CE100 Index Dips 2.6%, Led by Vroom’s Post-Earnings Skid
August 14, 2023  |  Connected Economy

Vroom and Roblox were notable double-digit decliners, more than offsetting the positive impact of stock surges seen from the likes of Cogent.  The CE 100...

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Online Retailer Coupang Reports 10% Growth in Active Customers
Online Retailer Coupang Reports 10% Growth in Active Customers
August 09, 2023  |  Earnings

Coupang Inc., the South Korean online retailer known for its early and one-day delivery, posted its fourth consecutive quarterly profit, driven by efficiencies in logistics and...

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CE 100 Index Notches 2.7% Gain as eCommerce Platforms Surge
CE 100 Index Notches 2.7% Gain as eCommerce Platforms Surge
January 09, 2023  |  Connected Economy

One week in, and the CE 100 Index has already gained some ground, up 2.7%. This time around, the tailwind came as investors notably bid...

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Coupang Builds Momentum With ‘Milestone’ Q3 Profit
Coupang Builds Momentum With ‘Milestone’ Q3 Profit
November 10, 2022  |  Retail

South Korean eCommerce platform Coupang reported its first-ever profit Wednesday (Nov. 9), a landmark the company attributed to its investments in technology. “We achieved another...

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Today in B2B Payments: Firms Raise Money for Events Industry, SMB Platforms
Today in B2B Payments: Firms Raise Money for Events Industry, SMB Platforms
September 22, 2022  |  B2B Payments

Today in B2B payments, Carats & Cake raises $10.6 million to grow its financial operating system for the events industry, while Brightflow AI raises $19M...

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ShipStation, Coupang Partner to Help Merchants Enter S. Korean Market
ShipStation, Coupang Partner to Help Merchants Enter S. Korean Market
September 22, 2022  |  B2B Payments

Cloud-based eCommerce shipping solution ShipStation has partnered with South Korean online retailer Coupang to make it easier for businesses to enter new markets with efficient...

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After 17-Month Slog, Coupang Sees Light at the End of the Losses
After 17-Month Slog, Coupang Sees Light at the End of the Losses
August 11, 2022  |  eCommerce

It’s hard to imagine that Coupang — often called “the Amazon of South Korea” — had its best day 17 months ago, when it briefly...

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