Search results for Rocket Delivery
Games & Commerce
Naver narrows commerce gap with Coupang by expanding from search to delivery
Naver is narrowing its gap with Coupang by expanding beyond search and price comparison into delivery and returns management. An analysis by Wiseapp.Retail put Naver and Naver Pay at 96.5 when Coupang is set at 100, though the figure may include external merchant payments. Broker estimates point to strong commerce revenue growth and rising user metrics for Naver Plus Store. The push into fulfillment is lifting transactions and orders, but costs are rising and user gaps remain.
Games & Commerce
Coupang launches emergency relief system using Rocket Delivery network
Coupang will use its nationwide Rocket Delivery logistics network to support disaster victims through an emergency relief system. The company said on May 14 it is launching an “Emergency Relief Coupang Hope Box” programme to deliver relief items immediately to affected residents when disasters strike. Supplies will be stored at the Sejong fulfilment centre and shipped nationwide, then handed over onsite to Peace Winds Korea for distribution to evacuees.
Games & Commerce
Coupang posts operating loss of 354.5 billion won in Q1, first single-digit revenue growth since IPO
Coupang Inc posted an operating loss of 354.5 billion won in the first quarter, swinging into the red as customer compensation tied to a personal data incident and temporary logistics network inefficiency weighed on profitability. Revenue rose 8% to 12.46 trillion won, marking the first single-digit quarterly growth rate since its New York listing. Active customers fell 700,000 from the previous quarter to 23.9 million.
-
Games & Commerce
Coupang launches physical gift cards sold exclusively at 7-Eleven
-
Games & Commerce
Coupang to run energy-saving promotion featuring South Korean SMEs
-
Games & Commerce
Rogers dawn-delivery stint puts focus on Coupang results improvement, user rebound
-
Games & Commerce
Coupang to change free shipping policy for non-Wow members
-
Industry
Coupang posts record sales but operating profit plunges as customer boycott takes hold
-
Games & Commerce
Coupang Q4 operating profit falls 97 percent; annual revenue 49 trillion won
-
Games & Commerce
E-commerce rivals gain ground as Coupang growth slows, key metrics rise
-
Industry
Coupang starts 50,000 won coupon payments after personal data leak