By all accounts, coupang has succeeded wildly. · beyond south korea , coupang has been selectively expanding internationally. The six-year-old startup grossed about $300 million in 2014, a figure. · coupang and its founder, kim, are a big reason jeff bezos will continue to avoid the country and its 51 million people. · with a valuation of more than $ 5 billion and $1. 4 billion in venture capital investment, coupang is the fastest-growing and best financed e-commerce site of all time in south korea. · coupang s turmoil, triggered by a massive data leak, has now become a full-blown regulatory risk, as the new york-listed e-commerce giant faces nearly 10 ongoing investigations. In june 2021, coupang began operations in japan, aiming to replicate its south korean success. · coupang may have started as south korea s answer to amazon , but its quietly becoming something bigger -- a technology powerhouse built on logistics, data, and customer loyalty. The company has emerged as the most popular online retailer in south korea , preventing the likes of amazon or alibaba from having a meaningful stake in the region.
