Coupang

Coupang, Inc. is e-commerce company based in Seoul, South Korea and Seattle, WA and incorporated in Delaware, United States. Founded in 2010 by Bom Kim, the company expanded to become the largest online marketplace in South Korea. Its expansion led the company to video streaming distribution after the launch of Coupang Play service. Coupang is often referred to as the "Amazon of South Korea", due to its position and corporate size in the South Korean online market. Overview The first marketplace and largest online retailer in South Korea, Coupang's annual revenue as of 2021 is US$18.4 billion. The company's Rocket Delivery network provides same-day or next-day delivery of more than five million unique items. Coupang claims that 99.6 percent of its orders are delivered within 24 hours. 70% of Korean citizens live within 10 minutes of a Coupang logistic center. Coupang was headquartered in Seoul, South Korea, in the Songpa-gu District until 2022 when it relocated to Seattle in the US. Coupang also has offices in Beijing, Shanghai, Los Angeles and Mountain View. It is incorporated in Delaware, United States. Coupang was founded by Bom Kim in 2010. A student of Harvard University, Kim started to study for his MBA at Harvard Business School but dropped out six months into the program.