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.
Coupang annouces $2b investment from SoftBank
This brings Coupang's valuation to $9b.
Coupang, Korea's Answer to Amazon, Raises $2 Billion, Mints New Billionaire
Korean e-commerce firm Coupang raises $2 billion from SoftBank's Vision Fund
Documentaries, videos and podcasts