Tag: coupang

coupang

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Retailers push back on concessions tied to early-morning delivery reform

Major chains said the proposed safeguards for small merchants, including price thresholds, wholesale distribution and a support fund, would make early-morning delivery reform unworkable.

2026.8.18

Korea’s online grocers feel the heat as cold chains face a melt-down test

Record summer temperatures are prompting retailers to add coolant, upgrade packaging and automate freezer warehouses as delivery complaints rise.

2026.8.18

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PPP lawmaker tells U.S. House Coupang data breach action was not discriminatory

Rep. Cho Kyung-tae of the People Power Party explained that the move was no different from actions taken against Korean companies.

2026.8.14

Tariffs, Coupang and the Korus FTA in 'sleep mode' (KOR)

With U.S. tariffs becoming entrenched, Korea should use Korus FTA consultation channels to manage disputes and protect its trade interests.

2026.8.14

Tariffs, Coupang and the Korus FTA in 'sleep mode'

With U.S. tariffs becoming entrenched, Korea should use Korus FTA consultation channels to manage disputes and protect its trade interests.

2026.8.13

From Japanese mayo to century-old U.S. salt, Coupang broadens global offerings

The e-commerce giant expanded Rocket Jikgu with more than 600 brands from the United States, Japan and Hong Kong, broadening hard-to-find food, beauty and household offerings for Korean shoppers.

2026.8.10

U.S. House Republicans criticize Korea's revised communications law, request meeting

In a letter to the Korea Media and Communications Commission (KMCC) chair, U.S. House Judiciary Committee members requested a government briefing on the revised information and networks act.

2026.8.7

National security adviser met new U.S. ambassador last month, official says

National Security Adviser Wi Sung-lac and U.S. Ambassador to Korea Michelle Steel likely discussed pending alliance issues, such as Korea's U.S. investment commitment and Coupang.

2026.8.7

Coupang posts biggest quarterly loss since New York listing, more obstacles to come with fire and fines

The company reported record second quarter revenue but also its biggest quarterly loss since 2021, driven by a massive data breach fine and more potential charges ahead.

2026.8.5

Coupang posts net loss in Q2 following data breach fines

In June, the Personal Information Protection Commission imposed a record fine of 624.7 billion won ($437 million) over the data breach and the collection of users' online activity without their consent.