South Korea’s E-Commerce giant Coupang to join Amazon & Flipkart in India!
Coupang is in talks with the Indian government, probably to enter the Indian E-commerce market. It is South Korea’s biggest E-Commerce marketplace.
Coupang also delivers grocery & food, and has an OTT service. It has a same-day, 1-day and 2-day delivery service. 99.6% of its orders are delivered within 24 hrs!
A year ago it got shut down in Japan after 2 years of operations. However, it raised $4.6 billion via IPO in the U.S. (2nd biggest IPO after Uber). SoftBank is the main Investor in this company.
This is what Indian officials said:-
“We have received an application from the South Korean government, in which Coupang has expressed interest in entering India. Dialogues with the Coupang delegation are likely to start next month”
If Coupang makes it then it will compete with Amazon, Flipkart, Reliance (JioMart and others), Tata Neu (Tata CLiQ and others), and ONDC (government backed).
According to the FIS 2023 Global Payments Report, India is expected to grow from $83 billion in 2022 to $150 billion in 2026. This is what may be the reason for Coupang’s India entry.
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Yes, they're even more racist then old white americans. But weirdly they're more hardcore fans of US and UK then their own country! Inferiority complex?
P.S. my 2 cousins and few of friends were huge fans of BTS and they would buy anything that they would sponsor, esp Korean food (taste bland)/beauty products. After a few months, we found the beauty products are average to below average and finally stopped ordering.
But they pay a handsome sum to influencers so get ready to be spammed 😑
Shopee. Parent Sea Limited of Singapore. They closed the India operation following India Government's ban of Free Fire. Now a days Shoppe is only active in South East Asia and LatAm countries.
The name though - Coup gang 😳
Scary esp. when its a foreign company,
Just kidding!
I hope for a Paypal kind of loot 🤑🤑🤑
Aava de 
Koi to aaye pk gya hu daily need cheeze bahut muskil se mil pa rhi hai amazon jio mart delivery deta ni meri location pr ab Flipkart ka 29 ko out for delivery hua tha abhi tk aaya ni sbse ghatiya to flopkart hai
I won't give a damn to south korean co unless they deliver daily essentials like surf, mustard oil, ghee, atta, rice, etc etc @ min 50% off.
Open your online retail Coupang in 'Open Gangnam Style' 😂
Kai aye aur kai gaye, tu bhi aake dekhle bhai!
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