Founded in 2010 in Seoul, South Korea, revenue has exceeded $5bn USD as of 2018. In 2016, Coupang secured $1bn in funding from SoftBank's New Vision fund at a $5bn valuation. It has become a market leader for e-commerce in South Korea, and boasts of its ability to deliver products ordered at midnight by 7am the next morning.
Founded by Bom Kim, who graduated from Harvard College and went on to Harvard Business School, before dropping out to pursue Coupang. He is reported worth $950m according to Forbes, making him the 47th richest person in Korea as of 2018.
Timeline
Coupang annouces $2b investment from SoftBank
This brings Coupang's valuation to $9b.
Funding rounds
People
Adam Schneier
Investor
Adam Winnick
Investor
Anthony Lee
Investor
Arthur Hong
Employee
Avi Eyal
Investor
Ben Freeberg
Investor
Benjamin Sun
Investor
Bom Kim
Founder
Brad Kotansky
Investor
Brian Smiga
Investor
Brock Saunders
Investor
Cheng-Ing Chia
Employee
Cindy Padnos
Investor
Dan Mirman
Investor
Daniel Lee
Employee
David Hunt/Hunt Technology Ventures, L.P.
Investor
Eric Kim
Board member
Erik Rehn
Employee
Erin Park
Employee
Ernest Pomerantz
Investor
Eunjoon Park
Employee
Fabrice Grinda
Investor
Gordon Su
Investor
Gregg Ritchie
Investor
Hong Chen
Employee
Further reading
Coupang, Korea's Answer to Amazon, Raises $2 Billion, Mints New Billionaire
Grace Chung
News
Korean e-commerce firm Coupang raises $2 billion from SoftBank's Vision Fund
Jon Russell
News
Documentaries, videos and podcasts
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Companies