coupang masters augusta

E-commerce Coupang’s Q1 revenue up; quarterly dip signals rising competition

Coupang Inc., South Korea’s largest e-commerce platform, extended its year-on-year sales growth with an 11.1% increase to post $7.9 billion in...

E-commerce Naver, Kurly tie up to counter e-commerce giant Coupang

South Korea’s online giant Naver Corp. and dawn grocery platform service provider Kurly Inc. have joined forces for a potential stake acquisit...

Retail Baemin, Yogiyo see record transaction drops in Feb amid Coupang's rise

South Korea’s top and third-ranked food delivery apps, Baedal Minjok (Baemin) and Yogiyo, saw their biggest-ever monthly drops in transaction ...

Earnings Coupang posts profit for 2 straight years in 2024 on new growth drivers

Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, ended last year with profit for the second straight year thanks to t...

Retail Coupang Eats starts food delivery service in Japan

Coupang Eats, a food delivery app operated by South Korea's No. 1 e-commerce platform Coupang Inc., launched its first overseas service in Japan.Acc...

E-commerce Coupang, Naver in dead heat for South Korea’s e-commerce market lead

Coupang Inc. and Naver Corp., South Korea's top two e-commerce players, are expected to further narrow the gap in their race for the market lead thi...

E-commerce Korea’s Shinsegae, China’s Alibaba to set up e-commerce joint venture

South Korea’s retail conglomerate Shinsegae Group has joined forces with Chinese online shopping giant Alibaba Group Holding Ltd. to better co...

Food & Beverage Fried chicken chain bhc to enter Indonesia in 2025

South Korea’s fried chicken brand bhc Group said on Tuesday it signed a master license agreement with Indonesia's Nachindo Group to enter the ...

E-commerce Coupang launches Rocket Pet Doctor 2.0 with personalized pet nutrition

Coupang Inc., South Korea’s largest e-commerce platform, said on Wednesday that it has launched "Rocket Pet Doctor 2.0," an upgraded personali...

E-commerce Coupang CEO to reduce stake in e-commerce platform

Coupang Inc. founder and Chief Executive Bom Kim will sell shares and donate additional ones in the South Korean e-commerce platform for tax payment...

Korean food S.Korea's BBQ enters world's most populous market, India

Genesis BBQ Group, the operator of a popular South Korean fried chicken brand, is expanding its market to South Asia by entering India, the world&rs...

Earnings Coupang posts record quarterly sales, swings to Q3 operating profit

Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, posted its highest quarterly sales in the third quarter and swung to...

Food & Beverage BBQ Chicken to enter Indonesian market

Genesis BBQ Group, the operator of a popular South Korean fried chicken brand, said on Monday that it signed a master franchise agreement with PT ...

Logistics Korean retailers ramp up fulfillment centers to hold AliExpress in check

South Korea’s leading retailers, including Coupang Inc., are ramping up their logistics capacities to counter aggressive forays into the count...

Tech, Media & Telecom LG CNS, Seoul National Univ. to establish DX talent program

South Korea's LG CNS Co. signed an agreement with Seoul National University's Department of Industrial Engineering on Tuesday to develop talent in d...

Regulations Korea tightens rules on Netflix, Spotify subscription billing

South Korea’s antitrust body is slated to tighten the leash on subscription businesses of streaming service providers such as Netflix Inc. and...

E-commerce Coupang, CJ CheilJedang end feud and resume Rocket Delivery

Coupang Inc., South Korea’s largest e-commerce platform, on Wednesday resumed the same- or next-day delivery service dubbed Rocket Delivery fo...

Food & Beverage Tous les Jours to enter Singapore market

CJ Foodville, the food service subsidiary of South Korea's CJ Group and the operator of the bakery chain brand Tous les Jours, announced on Monday t...

E-commerce Coupang posts 1st quarterly loss in two years; revenue soars

Coupang Inc., South Korea's e-commerce behemoth, posted its first quarterly loss in two years after booking the hefty fine imposed in relation to it...

Retail Coupang opens Rocket Growth seller website

Coupang Inc., South Korea’s largest e-commerce platform, announced on Tuesday that it opened a dedicated website for sellers (sell.coupang.com...

E-commerce Gmarket CEO vows to reclaim lead with know-how from Alibaba, Coupang

The new chief executive of South Korea’s Gmarket Inc. on Monday pledged to drive the local retail giant Shinsegae Group’s online shoppin...

Executive reshuffles Shinsegae hires Alibaba Korea head to lead online mall Gmarket

Shinsegae Group, South Korea’s retail giant, on Wednesday launched sweeping top-level management overhauls for Gmarket Inc. and SSG.COM. to ti...

E-commerce Coupang fined $102 mn for alleged search algorithm manipulation

Coupang Inc., South Korea’s largest e-commerce platform, was fined 140 billion won ($102 million) on Thursday for allegedly manipulating searc...

E-commerce YouTube, Coupang offer Shopping affiliate program in Korea

YouTube has started offering its Shopping affiliate program in South Korea in partnership with the country’s No. 1 e-commerce platform company...

E-commerce Coupang, HUFS to partner for industry-academic cooperation

Coupang Inc., South Korea’s No. 1 e-commerce platform, announced on Monday that it signed an industry-academia cooperation agreement (MOU) las...

Earnings Coupang to keep investing against Chinese players despite loss

Coupang Inc., South Korea’s No. 1 e-commerce platform facing fierce competition from Chinese rivals, dipped into the red in the first quarter,...

Food & Beverage Tous les Jours to open five stores in Cambodia

Tous les Jours, the bakery brand under South Korea's CJ Foodville, announced on Monday that CJ Foodville signed a master franchise (MF) agreement wi...

E-commerce Coupang to raise membership fees, 1st hike in over 2 years

Coupang Inc., South Korea’s largest e-commerce platform, said on Friday it will raise membership fees 58.1% to 7,890 won ($5.7) per month as i...

Sports Coupang Play to livestream 2024 Masters Tournament

Coupang Play, a video streaming service provided by South Korea's largest e-commerce company Coupang Inc., will broadcast the first major golf tourn...

E-commerce Coupang's PB SMEs in S.Korea triple in five years

Coupang Inc., South Korea's leading e-commerce platform, announced on Sunday that the number of small and medium-sized enterprise (SME) manufacturer...