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Coupang information


Coupang, Inc.
Native name
쿠팡
Company typePublic
Traded as
  • NYSE: CPNG (Class A)
  • Russell 1000 component
ISINUS22266T1097
Industry
  • E-commerce
  • Digital distribution
Founded1 July 2010; 13 years ago (2010-07-01) as Coupang Co., Ltd.
FounderBom Kim
HeadquartersSeattle, Washington, United States.
Area served
  • South Korea
  • Taiwan
Key people
Bom Kim (CEO)
Services
  • Rocket Delivery (e-commerce)
  • Rocket Fresh (grocery delivery)
  • Coupang Eats (restaurant delivery)
  • Coupang Play (streaming service)
  • Coupang Pay (digital payments)
RevenueIncrease US$24.4 billion (2023)
Operating income
Increase US$473 million (2023)
Net income
Increase US$1.36 billion (2023)
Total assetsIncrease US$13.3 billion (2023)
Total equityIncrease US$4.09 billion (2023)
Owners
  • SoftBank (26.7%)
  • Bom Kim (10.1%)
Number of employees
c. 78,000 (2023)
SubsidiariesCoupang Co., Ltd.
Websitecoupang.com
Footnotes / references
[1][2][3]
Coupang delivery truck in Seoul, 2017.

Coupang, Inc. (Korean: 쿠팡) is e-commerce company based in Seoul, South Korea and Seattle, WA and incorporated in Delaware, United States.[4][5] Founded in 2010 by Bom Kim, the company expanded to become the largest online marketplace in South Korea. Its expansion led the company to video streaming distribution after the launch of Coupang Play service. Coupang is often referred to as the "Amazon of South Korea", due to its position and corporate size in the South Korean online market.[6]

  1. ^ "Coupang, Inc. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. 28 February 2024.
  2. ^ "Statement of acquisition of beneficial ownership by individuals (SoftBank)". U.S. Securities and Exchange Commission. 14 February 2023.
  3. ^ "Statement of acquisition of beneficial ownership by individuals (Bon Kim)". U.S. Securities and Exchange Commission. 14 February 2023.
  4. ^ "Document". Archived from the original on 14 February 2021. Retrieved 14 February 2021.
  5. ^ Gordon, Nicholas (5 June 2023). "How the 'Amazon of Asia,' founded by a Harvard Business School dropout, landed on the Fortune 500 for the first time". Fortune. Archived from the original on 11 June 2023.
  6. ^ "Coupang—The Amazon Of South Korea—Just Became The Largest Foreign IPO On Wall Street Since Alibaba. Here's What You Need To Know". Forbes. 11 March 2021. Retrieved 28 April 2021.

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