About Coupang
Coupang sells apparel, electronics, and footwear products.
Headquarters
Coupang, Seoul
Founded
2010-01-01
Industry
Apparel, Consumer Electronics, Consumer Goods, Customer Service, E-Commerce, Retail, Shopping
Last Funding Type
Post Ipo Equity
Valuation
60
Total Funding
$3.42 billion dollars
IPO Status
Public
Financial
Coupang reported a mixed Q1 2024 with revenue growth but a drop in profit due to Farfetch acquisition losses. The company also faced a 140 billion won fine for allegedly manipulating search engine results. Additionally, Coupang is under investigation for potential offshore tax evasion and using dark patterns to raise prices and keep users subscribed.
Funding Rounds
13
Number of Lead Investors
6
Total Funding Amount
$3.42 billion dollars
Number of Investors
29
Coupang vs. Other Decacorns
| Company | Valuation | Total Funding | Funding Rounds |
|---|---|---|---|
| Coupang | $60B | $3.42B | 13 |
| AUTO1 (WirKaufenDeinAuto) | - | - | - |
| Sapato | - | $20.00M | 3 |
| Sukar.com | - | - | 1 |
| Klarna | $20B | $4.55B | 34 |
| Fashionandyou | - | $58.00M | 4 |
| JD.com | $26B | $7.06B | 13 |
| Clubhouse | $16B | - | - |
| Groupon | $12.7B | $1.39B | 8 |
| Grove Collaborative | $1.5B | $621.50M | 9 |
| Automattic | $15B | $985.90M | 12 |
| DoorDash | $39B | $2.47B | 13 |
| Meesho | $2B | $1.41B | 13 |
| Flipkart | $160B | $15.26B | 29 |
| Asapp | $2B | $380.00M | 5 |
| Upside | $5B | $165.00M | 6 |
| NJOY | $5B | $494.30M | 12 |
| Rebel Foods | $1B | $787.55M | 27 |
| Tiendanube | $3B | - | - |
| ZipRecruiter | $2.4B | $769.00M | 3 |
| Wish | $28B | - | - |
| Material Bank | $2B | $323.20M | 6 |
| Diamond Foundry | $13B | $350.00M | 4 |
| Zetwerk | $3B | $868.25M | 17 |
| RELX Technology | $18.6B | $5.76M | 4 |
| Misfits Market | $2B | $526.50M | 6 |
| Inxeption | $3B | $336.50M | 4 |
| Tonal | $3B | $580.00M | 7 |
| Roku | $1.3B | $212.01M | 11 |
| Cava | $2B | - | - |
| Jet | $3B | $570.00M | 5 |
| Trax Retail | $5B | $1.08B | 13 |
| Whatnot | $12B | $484.70M | 7 |
| Spreadtrum | $2B | $2.14B | 8 |
| Bolt | $99B | $982.08M | 11 |
| Instacart | $668B | - | - |
| Moglix | $5B | $472.21M | 8 |
| Swiftly | $1B | $215.60M | 4 |
| Poshmark | $3.1B | $153.00M | 7 |
| Warby Parker | $6B | $655.50M | 10 |
| STORD | $4B | $325.04M | 6 |
| Via | $7B | $19.81M | 5 |
| LogMeIn | $0.3B | $30.00M | 5 |
| Allbirds | $2.2B | $202.45M | 8 |
| Clearco | $6B | $858.64M | 9 |
| Netscape Communications | $1.2B | $8.00M | 3 |
| Rappi | $16B | $2.34B | 19 |
| Livspace | $1B | $431.58M | 10 |
| StockX | $23B | $690.00M | 10 |
| GOAT | $37B | - | 1 |
| Cresta | $6B | $276.00M | 5 |
| FIGS | $3.5B | $75.00M | 7 |
| Paysa | $9B | $4.00M | 1 |
| InvenSense | $0.6B | $38.00M | 3 |
| Yotpo | $1B | $436.00M | 11 |
| The RealReal | $1.7B | $356.87M | 10 |
| Drizly | $1B | $119.56M | 9 |
| GetYourGuide | $1B | $1.08B | 14 |
| Signifyd | $4B | $409.00M | 7 |
| Thrasio | $6B | $3.40B | 12 |
| BarkBox | $1.6B | $281.73M | 6 |
| Delivery Hero | $5.1B | $10.18B | 22 |
| Cornershop | $3B | $31.65M | 5 |
| Blue Apron | $1.9B | $422.50M | 11 |
| Fitbit | $0.1B | $66.00M | 4 |
| Mirakl | $7B | $6.41M | 5 |
| Bellabeat | $8B | $18.82M | 7 |
| Udaan | $3B | $2.01B | 16 |
| Skrill | $1B | - | - |
| Nuvemshop | $6B | $628.38M | 11 |
| Merama | $1B | $525.00M | 6 |
| GrubMarket | $20B | $499.10M | 8 |
| Formlabs | $15B | $253.70M | 9 |
| Depop | $2B | $105.63M | 7 |
| Etsy | $1.8B | $97.26M | 10 |
| Away | $9B | $181.00M | 6 |
| Xoom. | $0.5B | $104.35M | 7 |
| PayPal Holdings | $46.6B | $5.22B | 6 |
| Mister Spex | $1B | $158.01M | 11 |
| BazaarVoice | $0.7B | $130.55M | 5 |
| StubHub | $4B | $59.23M | 7 |
| Daily Harvest | $7B | $120.00M | 6 |
| Riskified | $3.3B | $228.65M | 8 |
| Rent The Runway | $1.1B | $626.15M | 16 |
| ShipBob | $6B | $330.50M | 7 |
| Truebill | $13B | $27.03M | 7 |
| Houzz | $20B | $613.60M | 8 |
| Jawbone | $9B | $983.80M | 15 |
| ThredUp | $3B | $304.12M | 8 |
Growth Trends & Market Impact
Coupang reported its first-ever annual profit in 2023, indicating a positive financial trend. The company also experienced a significant increase in its stock price, soaring 32.3% in February. Additionally, Coupang's fulfillment service helped merchants double their sales in 90 days, showcasing increased product engagement. The company announced robust Q1 growth and strategic investments, further supporting its financial growth.
Investment history
| Round number | date | Post-round evaluation | investors |
|---|---|---|---|
| №1 | 01.01.2021 | $3.42 billion dollars | |
| №2 | 20.11.2018 | $2.00 billion dollars |
SoftBank Vision Fund |
| №3 | 05.03.2018 | $2.00 billion dollars | |
| №4 | 05.08.2016 | $2.00 billion dollars | |
| №5 | 22.06.2015 | $2.00 billion dollars | |
| №6 | 02.06.2015 | $1.00 billion dollars |
SoftBank |
| №7 | 10.12.2014 | $300.00 million dollars |
BlackRock Private Equity Partners |
| №8 | 24.11.2014 | $300.00 million dollars | |
| №9 | 31.05.2014 | $300.00 million dollars | |
| №10 | 28.05.2014 | $100.00 million dollars |
Sequoia Capital |