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Civic group in Korea lodges complaint against Coupang for alleged employment blacklist

A civic group filed a complaint against retail giant Coupang on Tuesday over suspicions the company kept a blacklist of people it does not want to hire again.

Seoul , Soult-ukpyolsi , South-korea , Bucheon , Kyonggi-do , Gyeonggi , Coupang-fulfillment-service , Gyeonggi-province , Labor-standards , Korea , Complaint

Civic group to file collective suit against Coupang over employment blacklist

A civic group said Wednesday it will file a collective suit against retail giant Coupang over suspicions the company kept a blacklist of people it does not want to hire again.

Seoul , Soult-ukpyolsi , South-korea , Jung-distrcit , Coupang-fulfillment-service , Civil-rights-commission ,

Coupang, Yuhan Join Major Labor Business Lobby as Conflict With Umbrella Union Continues

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

South-korea , Daebang-dong , Soult-ukpyolsi , Korea , Korean-confederation-of-trade-unions , Coupang-fulfillment-service , Coupang-inc , Umbrella-union , Yuhan-corporation , Korea-enterprises-federation , Membership-applications

Coupang, Yuhan join labor policy-focused business lobby

E-commerce giant Coupang and pharmaceutical firm Yuhan Corp. are set to join the Korea Enterprises Federation, a business lobby representing over 4,000 businesses here, according to industry sources on Monday. Some 10 firms, including Coupang, have submitted membership applications to the group, which are subject to approval from board directors and existing members at a meeting slated for Wednesday. Coupang’s ...

South-korea , Korea , Sohn-kyung-shik , Coupang-inc , Posco-holdings , Singsong-holdings , Korea-enterprises-federation , Samsung-electronics , Federation-of-korean-industries , Coupang-fulfillment-service , Coupang-logistics-service

Coupang, Yuhan Join Major Labor Business Lobby as Conflict With Umbrella Union Continues

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

Daebang-dong , Soult-ukpyolsi , South-korea , Korea , Korean-confederation-of-trade-unions , Yuhan-corporation , Umbrella-union , Coupang-fulfillment-service , Korea-enterprises-federation , Coupang-inc , Membership-applications

Coupang to join major business lobby amid feud with umbrella union

Coupang is set to become a member of a pro-business lobby group to counteract escalating labor risks posed by one of the nation’s main umbrella unions, according to industry officials, Monday.

South-korea , Korea , Korea-enterprises-federation , Korean-confederation-of-trade-unions , Coupang-fulfillment-service , Korean-confederation , Trade-unions , Group , Employees , Lobby , Criticism

Coupang's alleged 'blacklist' sparks legal clash

Coupang Fulfillment Service, a subsidiary of e-commerce giant Coupang, announced on Thursday that it is has taken legal action against a lawyer who has claimed that the company blacklisted over 16,000 former and current employees, as well as individuals associated with Coupang, purportedly to prevent their reemployment or subject them to close monitoring in other situations. CFS filed a complaint with police in Songp...

Seoul , Soult-ukpyolsi , South-korea , Korea , Kwon-young-guk , Korean-confederation-of-trade-unions , Coupang-fulfillment-service , Korea-communications-standards-commission , Democratic-society , Korean-confederation , Trade-unions

[ANALYSIS] Labor issues may hamper Coupang's sustainability

[ANALYSIS] Labor issues may hamper Coupang's sustainability
Posted : 2021-03-09 16:16
Updated : 2021-03-10 14:58
A delivery worker poses with a parcel in front of a vehicle at Coupang's fulfilment center in Seoul in this 2019 file photo. Courtesy of Coupang
By Kim Jae-heun, Kim Yoo-chul
Korea's top e-commerce company Coupang is seeking to raise up to $4.08 billion in its U.S. initial public offering (IPO) after increasing its target price.
In a filing with the U.S. Securities and Exchange Commission (SEC), the company and its current shareholders said they plan to offer 120 million ordinary shares at $32 to $34 apiece ― an earlier forecast was $27 to $30. At the high-end target price ― $34 ― Coupang could be valued at $58 billion based on the number of outstanding shares. Coupang will be traded under the ticker CPNG from March 11.

Seoul , Soult-ukpyolsi , South-korea , Korea , Jang-deuk-joon , Joseph-nathan-nortman , Kim-yoo-chul , Kim-jae-heun , York-stock-exchange , Taekbae-union , National-assembly , Coupang-fulfillment-service