(Note: SoftBank is an investor in Coupang.) Our Mission: To create a world where customers wonder: “How did I ever live without Coupang?” We are building the next-generation experience for e-commerce. We believe that by investing for the long term in technology and infrastructure with a fanatical culture of customer centricity, we are delivering a superior customer experience at a lower cost and are continuing to redefine standards for e-commerce worldwide. We reimagined the e-commerce experience with our Rocket Delivery service:
•Dawn and Same-Day Delivery. Millions of items every day—including fresh groceries—are delivered within hours via Dawn Delivery (ordered as late as midnight, arrive before 7am) or Same-Day Delivery (ordered in the morning, arrive same-day).
•Next-Day or Faster Delivery for Nearly 100% of Orders. Customers are eligible for free, one-day delivery nationwide 365 days a year—even the day before gift-giving holidays like Christmas or Korean Thanksgiving. We have the fastest delivery service compared to other top product e-commerce players in Korea.
•Last Order by Midnight. Customers are promised free, next-day delivery for orders placed any time of day—even seconds before midnight.
•Vast Selection of Millions of Items, Including Fresh Groceries. Customers can order from a selection of millions of items across almost every category of goods—from tomatoes to TVs—for next-day delivery.
(Note: Revenue and net loss figures are for 2020.)
|Industry:||Retail - Internet & Mobile - Goods and Services|
|Address||Tower 730, 570, Songpa-daero, Songpa-gu, Seoul Republic of Korea 05510|
|Phone Number||+82 (2) 6150-5422|
|View Prospectus:||COUPANG, INC.|
|Revenues||$1197.0 mil (last 12 months)|
|Net Income||$-474.9 mil (last 12 months)|
|Price range||$27.00 - $30.00|
|Est. $ Volume||$3420.0 mil|
|Manager / Joint Managers||Goldman Sachs/Allen & Co./J.P.Morgan/Citigroup|
|CO-Managers||HSBC/Deutsche Bank Securities/UBS Investment Bank/Mizuho Securities/CLSA|
|Expected To Trade:||3/11/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|