Coupang eyes breakthrough despite Korea e-commerce's intense rivalry
As it approaches its third year of being listed on the US stock market, Coupang is generating buzz with expectations of its first-ever profit.
Source: insideretail.asia
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Alibaba's AliExpress, PDD-owned Temu face supply chain challenges in South Korea amid rapid business expansion
Despite their growing popularity, AliExpress and Temu are generally lagging behind the competition in South Korea in terms of fast delivery service and product quality assurance.
Source: scmp.com
Shinsegae Group and Coupang's battle for Korea's luxury market heats up
Shinsegae Group, a traditional powerhouse in South Korea’s retail sector, is poised to clash with the emerging force Coupang in the luxury fashion market.
Source: insideretail.asia
AliExpress, Temu face supply chain challenges in Korea
Chinese e-commerce giants are rising as the fastest-growing online platforms for Korean consumers, but they are still grappling with problems of long delivery time and unstable product quality, according to consumers and retail industry officials, Thursday.
Source: koreatimes.co.kr
What's next for Farfetch and Matches?
Following the news that Farfetch has been acquired by South Korean retailer Coupang, and Frasers Group is circling Matches, Drapers asks what the deals could mean for luxury fashion.
Source: drapersonline.com