Coupang
Founded Year
2010Stage
IPO | IPOTotal Raised
$3.844BDate of IPO
3/11/2021Revenue
$0000About Coupang
Coupang (NYSE: CPNG) operates as an e-commerce platform for consumer goods. It offers end-to-end fulfillment services, same-day delivery networks, and mobile applications. Its products include drinks, utensils, clothes, food, and more. It was founded in 2010 and is based in Seoul, South Korea.
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Research containing Coupang
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Coupang in 4 CB Insights research briefs, most recently on Aug 26, 2021.
Expert Collections containing Coupang
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Coupang is included in 1 Expert Collection, including E-Commerce.
E-Commerce
10,548 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Coupang Patents
Coupang has filed 451 patents.
The 3 most popular patent topics include:
- Supply chain management
- Data management
- Diagrams
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
10/14/2020 | 10/3/2023 | Supply chain management, Distribution (business), Data management, Production and manufacturing, Windows Server System | Grant |
Application Date | 10/14/2020 |
|---|---|
Grant Date | 10/3/2023 |
Title | |
Related Topics | Supply chain management, Distribution (business), Data management, Production and manufacturing, Windows Server System |
Status | Grant |
Latest Coupang News
Sep 27, 2023
Korean traditional markets gain vitality with Coupang Eats 2023.09.27 12:01:01 | 2023.09.27 12:02:36 Receiver Cheonjimanna owner Park Gang-suk, left and Coupang Eats official. [Courtesy of Coupang] Many traditional markets in South Korea are gaining new life thanks to Coupang Inc.’s delivery app service. According to the Small Enterprise and Market Service, the number of traditional markets in Korea fell to 1,300 last year from 1,610 in 2006 as popularity drops, with mainly elderly consumers. In recent months, however, the markets are garnering attention as they partner with food delivery apps such as Coupang Eats. According to Coupang on Tuesday, 135 traditional markets have joined the traditional market revitalization program run by Coupang Eats since August 2020. A total of 1,600 stores have joined the e-commerce platform through Coupang Eats. Last year, only 300 stores from 52 traditional markets had participated in the program. The turnaround is attributed to the sharp increase in sales for traditional markets stores that have joined Coupang Eats. Stores participating in the program saw their sales increase by 20 percent in the first half of this year compared to the same period a year ago, according to Coupang. “We continuously feature small business stores participating in the program at the top of the app,” said a Coupang Eats official. “We also provide support, such as professional photography and editing, to help them establish a stable online presence.” Coupang Eats’ support comes in various forms. A restaurant that serves mandoo, or Korean dumpling, called Cheonjimanna in Dongducheon Central Market in Gyeonggi Province has seen a 30 percent increase in sales since joining Coupang Eats last month. The business received various sales support after Dongducheon Small Business Association signed a win-win agreement to revitalize traditional markets with Coupang last month. Its sales increased significantly in just one month. Cheonjimanna uses eco-friendly packaging materials provided by Coupang Eats. It received customized training to facilitate online sales. By Kim Gyu-sik and Yoon Yeon-hae [ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved] WED
Coupang Frequently Asked Questions (FAQ)
When was Coupang founded?
Coupang was founded in 2010.
Where is Coupang's headquarters?
Coupang's headquarters is located at 570 Songpa-daero, Seoul.
What is Coupang's latest funding round?
Coupang's latest funding round is IPO.
How much did Coupang raise?
Coupang raised a total of $3.844B.
Who are the investors of Coupang?
Investors of Coupang include SoftBank, Wellington Management, BlackRock, Fidelity Investments, FJ Labs and 12 more.
Who are Coupang's competitors?
Competitors of Coupang include Kurly and 7 more.
- Predict emerging trends
- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
Compare Coupang to Competitors
Kurly develops a food delivery and logistics platform. It enables users to order food via the website and receive it the following morning. It delivers desserts, bread, milk, bottled water, and condiments, such as flour and salt, processed foods, and more. It was formerly known as The Farmers. The company was founded in 2014 and Seoul, South Korea.
RGP Korea, dba YOGIYO, is the Korean arm of Berlin-based Delivery Hero. YOGIYO provides fast and easy food ordering experiences to customers through its mobile applications and website. Users can find authentic restaurant reviews posted by real users, convenient re-ordering functions, expected delivery time notification services, and much more. On August 13th, 2021, YOGIYO was acquired by GS Retail, Affinity Equity Partners, and Permira at a valuation of $684.3M from Delivery Hero who had to sell Yogiyo to meet regulatory requirements that emerged from their acquisition of Woowa.
Dangdang delivers an e-commerce platform. It offers an online shopping marketplace, mother and baby products, beauty makeup, home furnishing, books, home appliances, clothing, shoes, bags, and more. The company was founded in 1999 and is based in Beijing, China.
Insung Data is a delivery agency service provider that develops LOGiAll, a last-mile logistics platform. It was founded in 2001 and is based in Daegu, South Korea.
Tiki is a B2C e-commerce company that features products in various categories of electronics, lifestyle, and books. The company controls the end-to-end supply chain, from partnering with brands, delivering high-quality merchandise, and managing warehouse and logistics to processing payments. The company was founded in 2010 and is based in Ho Chi Minh City, Vietnam.
Oasis Market operates an online fresh food delivery platform. It offers overnight delivery services in addition to offline supermarkets. Oasis Market was formerly known as Woori Networks. The company was formerly known as Woori Networks. It was founded in 2011 and is based in Seoul, South Korea.
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