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