Coupang said Park Dae-jun would step down to accept “grave responsibility” for the leak that exposed information on nearly 34 million customer accounts.
Category: Coupang Co Ltd
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Has the Luxury E-Commerce Bubble Burst?
Some of the biggest names in fashion e-commerce, including Farfetch and MatchesFashion, have imploded. What does that mean for fashion brands, investors and customers?
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Has the Luxury E-Commerce Bubble Burst?
After implosions by Farfetch and MatchesFashion — and with other blowouts possible — the future for online fashion retailers looks uncertain.
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South Korea’s Antitrust Enforcers Aimed at Big Tech. Then Came the Backlash.
The government pledged to protect South Korean online platforms from marketplace giants, but online business circles are crying foul play.
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Farfetch to Be Acquired by Coupang for $500 Million
The luxury e-commerce platform will narrowly avoid bankruptcy after the buyout from South Korea’s answer to Amazon.