Coupang announced on Oct. 5 that it will participate in the Cybersecurity Awareness Month campaign, which has been led by the U.S. government for 19 years.Cybersecurity Awareness Month was launched by President George W. Bush in 2004. It is held in October every year to increase the awareness of dig
Coupang has partnered with SICK Korea and EUCHNER Korea to secure standard safety-related parts and control systems to be used for its logistics centers across the nation.A signing ceremony was held at Coupang’s Jamsil headquarters on Sept. 29 with the attendance of officials from the three companie
The author is an analyst of NH Investment & Securities. She can be reached at jiyoony@nhqv.com. -- Ed. We expect FILA Holdings’ 3Q22 results to show y-y margin deterioration, with the benefits of won/dollar depreciation for Acushnet to be offset by an increased fixed cost burden due to inventory dep
Coupang’s logistics subsidiary Coupang Fulfillment Service (CFS) has appointed Ryan Brown, vice president of environment, health and safety at Coupang, as its CEO of environment, health and safety.CFS now has four CEOs, including Um Sung-hwan, CEO of human resources, Jeong Jong-cheol, CEO of legal a
In 2010, Coupang, WeMakePrice, and Tmon drew attention as a trio of newly launched social commerce companies. During the past 12 years, they have taken widely different paths.The trio's business performances last year differed significantly. While Coupang enjoyed the benefits of a non-face-to-fa
The Korea Fair Trade Commission is planning to amend the enforcement decree of the Monopoly Regulation and Fair Trade Act so that a foreigner can be designated as the head of a large business group.The pre-announcement of legislation is anticipated within a month. The purpose is to enable the design
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. We lower our TP on Studio Dragon to W100,000 in reflection of valuation de-rating amid concerns toward downstream industries. But, we maintain a Buy rating, noting stable growth in terms of both se
Coupang founder Kim Bum-seok has attended this year's Allen & Company Sun Valley Conference, an annual media finance conference held in Sun Valley, Idaho of the United States for a week every July. Dubbed the “summer camp for moguls,” the conference is an invite-only confab hosted and funded by
AIA Korea, the official insurance partner of Tottenham Hotspur’s pre-season tour to Korea, has announced the launch of its own Spurs Tour campaign. The club will be in Korea on July 10-16 to play two exhibition matches on July 13 against Team K League in Seoul and July 16 against Sevilla FC in Suwon
As controversy over counterfeit products arises in e-marketplaces, Naver is tightening the conditions for foreigners wishing to join Naver Smart Store. In the future, foreign residents in Korea will be required to submit their business registration cards to receive approval from Naver.Naver will blo
Coupang will start selling Korean products via its superfast "Rocket Delivery" service in Taiwan from April 25. The company has been conducting a pilot project for a superfast delivery of fresh food and daily necessities to a limited area in Taiwan. It is Coupang’s first service targeting a wide are
Six civic organizations, including the People’s Solidarity for Participatory Democracy, filed a complaint againt Coupang with the Korea Fair Trade Commission on March 15, claiming that the company mobilized its employees to write product reviews on its private brand products.“The products amount to
Coupang has been named the world’s fastest-growing retailer for the second consecutive year. The company also jumped to seventh place in the rankings of global e-commerce companies.Coupang grew 66 percent annually on average from fiscal year 2015 to 2020, the fastest among the world's top 50 rap
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. With the presidential election now decided, expectations are rising towards a friendly business environment for the platform industry. Considering positives in play for the sector, including anti
The author is an analyst of NH Investment & Securities. He can be reached at ys.jung@nhqv.com -- Ed. The end of a parcel union strike and a partial withdrawal of overseas parcel delivery services have reduced risk factors for CJ Logistics. Moving ahead, earnings growth momentum is to sustain on both
This July, Tottenham Hotspur will travel to South Korea to play matches for the first time since 2005 after being invited by Coupang and Pitch International to tour the country and play in the ‘Coupang Play Series’.Coupang has partnered with Pitch International, Tottenham's long-term partner, to
The Korean Ministry of SMEs and Startups said that Korea had 18 unicorn companies, the largest-ever number, as of the end of 2021.Unicorn companies are unlisted companies with corporate value of more than 1 trillion won. The number of unicorn companies is recognized as an important indicator of the
An increasing number of South Korean startups are relocating their headquarters overseas and turning their organizations in South Korea into subsidiaries. Coupang accelerated this trend last year by going public in New York instead of South Korea, and Riiid is planning to do the same.In fact, this h
Coupang will directly import Nitori products, Japan’s largest furniture and household goods brand, and launch them exclusively in Korea.Korean consumers may not be familiar with Nitori, but in Japan, it has been the No. 1 brand in the affordable, but quality furniture market and has a variety of pro
An increase in consumers' use of paid membership in the e-commerce market is fueling competition among e-commerce companies over service fees and benefits.Coupang's Wow membership is currently considered the most reasonable e-commerce paid membership. It offers a variety of benefits in shopp