![]() As you can see, this business is already quite large and growing rapidly. In the fourth quarter of 2021, revenue grew 34% year over year to over $5.1 billion. On top of the basic e-commerce business, the company has multiple avenues for expansion, including advertising, premium video (to be added to the subscription service), Coupang Pay, food delivery, and grocery delivery. Like its North American brethren, Coupang has a premium subscription service called Coupang Wow with about nine million members. In fact, its motto is to "wow" customers with how great the experience is from Coupang's service. It has a broad e-commerce website combined with its own fulfillment, delivery, and logistics network that allows it to offer overnight shipping on the majority of shopping items. ![]() What is Coupang?Ĭoupang operates a business very similar to Amazon but in South Korea.
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