Coupang, often referred to as the “Amazon of South Korea,” has revolutionized the country’s online shopping landscape since its inception in 2010. As the nation’s largest online marketplace, Coupang integrates e-commerce, retail shopping, and food delivery services. The company’s marketing strategy focuses on enhancing customer experiences, offering diverse product offerings, and engaging tactics to keep shoppers coming back. Coupang’s commitment to competitive pricing, a wide selection of products, and cutting-edge logistics solutions has contributed to its success and position as a leader in the South Korean market.
Key Takeaways:
- Coupang has generated significant revenue and achieved profitability in recent years, solidifying its position as a key player in the e-commerce industry.
- With a strong focus on customer satisfaction, Coupang has invested in technologies and initiatives to enhance the online shopping experience and expedite purchasing decisions.
- Coupang’s strategic investments in robotics, meal delivery services, and streaming platforms have diversified its revenue streams and attracted a broader customer base.
- The company’s marketing efforts prioritize clear and concise product information, competitive pricing, and engaging promotions to engage and retain customers.
- Coupang’s success in the South Korean market has prompted its expansion into international markets, providing a gateway for international brands to reach Korean consumers.
The Rise of E-commerce in South Korea
In recent years, South Korea has experienced remarkable growth in its e-commerce market. With the advent of advanced technology and a high internet usage rate of 97% in the Asia-Pacific region, online shopping has become an integral part of the South Korean consumer landscape. The e-commerce sales growth in the country is unprecedented, with online purchases surpassing traditional brick-and-mortar store sales for the first time, constituting 50.5% of total sales.
In 2023, South Korea recorded e-commerce sales of US$140 billion, making it the fourth largest e-commerce market in the world, ahead of Japan. Projections indicate that the market will continue to expand, reaching a staggering US$160.4 billion in revenue by 2026. These statistics highlight the rising prominence of the South Korean e-commerce market and the immense opportunities it presents to businesses.
At the forefront of South Korea’s e-commerce revolution is Coupang, a leading online retailer. Coupang’s recent successful U.S. Initial Public Offering (IPO), which raised US$4.6 billion, demonstrates the company’s significant impact and potential in the market. Coupang offers a diverse selection of products, providing consumers with convenience and extensive choices.
Coupang’s commitment to customer satisfaction is evident through its user-friendly interfaces, personalized recommendations, and reliable same-day or next-day delivery services. The company’s innovative Rocket Delivery service ensures that an impressive 99.3% of orders are delivered within a day. Additionally, Coupang’s membership program, Rocket Wow, aimed at providing exceptional benefits similar to Amazon Prime, has garnered significant attention with its competitive pricing and services.
Furthermore, South Korea’s crossborder e-commerce market presents an excellent opportunity for international brands. With a market worth US$4.5 billion in 2021, U.S. brands are leading the way, taking advantage of Coupang’s platform and support services to penetrate the South Korean market. Coupang’s strategic partnerships with suppliers, brands, and logistics companies have further facilitated the seamless entry of these international brands into the South Korean e-commerce space.
The rise of e-commerce in South Korea signifies a transformative shift in consumer behavior, creating vast potential for businesses to thrive. The combination of a robust e-commerce market, Coupang’s dominance, and the country’s technological advancements ensures a promising future for online retailers and international brands alike.
Coupang’s Competitive Advantages
Coupang, the leading e-commerce platform in South Korea, is renowned for its exceptional competitive advantages that have solidified its position in the market. These advantages encompass Coupang’s logistics capabilities, customer-centric approach, and commitment to innovation.
One of Coupang’s standout features is its robust logistics infrastructure. The company operates over 100 warehouses covering around 5.9 million square meters, allowing for efficient and timely order processing. With thousands of delivery trucks and drivers employed directly by Coupang, the company has established a reliable and expansive delivery fleet. As a result, Coupang boasts an impressive 99.3% rate of orders delivered within 24 hours, setting the industry standard for unparalleled speed and reliability.
Furthermore, Coupang offers a unique feature called “Dawn Delivery,” which provides a competitive advantage in the market. Orders placed before midnight through the Rocket Wow program can be delivered as early as 7 am the next morning. This early delivery service caters to customers’ desire for immediate gratification and demonstrates Coupang’s commitment to meeting their ever-evolving needs.
Coupang’s logistics prowess is complemented by its customer-centric approach. The company’s platform is designed with personalized recommendations and user-friendly interfaces, ensuring a seamless shopping experience for its user base of 19 million in South Korea. By leveraging data analytics and machine learning, Coupang continuously strives to enhance user experience and tailor its offerings to individual preferences, fostering high levels of customer satisfaction and loyalty.
Moreover, Coupang’s commitment to sustainability sets it apart from its competitors. The company takes an environmentally conscious approach by ensuring that 75% of its packaging is reusable. This eco-friendly initiative appeals to the growing number of eco-conscious consumers, further consolidating Coupang’s position as a customer-centric and socially responsible organization.
Coupang’s Competitive Advantages
| Valuation (May 2020) | Sales within three years of inception | Total investments received |
|---|---|---|
| $9 billion | $1 billion | $10 billion |
Overall, Coupang’s competitive advantages in logistics, customer-centricity, and commitment to innovation have propelled the company to the forefront of the South Korean e-commerce market. With its efficient delivery network, personalized user experience, and dedication to sustainability, Coupang continues to revolutionize online shopping and shape the future of e-commerce in the region.
Coupang as a Gateway for International Brands
Coupang’s rapid growth and dominance in the South Korean e-commerce landscape have positioned it as an ideal platform for international brands looking to expand their presence in the country. With its focus on cross-border e-commerce and global expansion, Coupang offers international brands a seamless entry point into the thriving South Korean market.
The South Korean market has a strong affinity for imported goods, and Coupang leverages this demand to attract international brands. Traditionally, imports from the US have dominated the market for imported food and health products in South Korea. Coupang’s vast product selection and efficient logistics make it a preferred choice for American brands aiming to establish a foothold in the country.
One of Coupang’s notable advantages is its Rocket Delivery service, which boasts an impressive subscription rate of 32% among Coupang users. Rocket Delivery ensures quick and reliable order fulfillment, with 99.3% of deliveries completed within one day. This expedited delivery service, especially for overnight deliveries if orders are placed before midnight, enhances customer satisfaction and loyalty.
Coupang’s global partner program allows international brands to sell their products on the Coupang Global Marketplace. The platform provides a favorable commission structure, ranging from 4% to 11% depending on the product category. Vendors on the Coupang Global Marketplace receive payments on a monthly basis and can choose to be paid in major currencies such as GBP, EUR, or USD, facilitating seamless global transactions.
To further support international brands, Coupang has established strategic partnerships with suppliers, brands, and logistics companies. These partnerships strengthen the platform’s supply chain and expand its product offerings, providing international brands with enhanced distribution channels and logistical support.
Furthermore, Coupang’s successful US IPO raised a substantial US$4.6 billion, demonstrating its commitment to competitiveness in pricing, vast product selection, and cutting-edge logistics solutions. This financial strength bolsters Coupang’s ability to attract and support the expansion of international brands.
| Total Cross-Border Sales (2020) | Growth Rate (Q1 2021 vs. Previous Year) | Commission on Coupang Global Marketplace | Delivery Time from USA to Korea (Weight |
|---|---|---|---|
| $4 trillion KRW (€2.9 billion) | 44% | 4% – 11% | 3-4 days |
With its strong brand presence and market dominance in South Korea, Coupang serves as a strategic gateway for international brands aiming to penetrate the South Korean market. Leveraging Coupang’s extensive reach, efficient logistics, and customer-centric services, international brands can tap into the immense potential of the South Korean e-commerce market.
Coupang’s Digital Marketing Efforts
Coupang, the leading e-commerce platform in South Korea, understands the importance of robust digital marketing strategies to boost its online visibility and stay ahead in the competitive market. The company’s commitment to digital marketing and SEO efforts has contributed significantly to its success and rapid growth.
Coupang invests heavily in SEO (Search Engine Optimization) to ensure its products and services are prominently displayed in search engine results. Through meticulous keyword research, optimizing website content, and implementing strategic link-building initiatives, Coupang improves its organic visibility, making it easier for online shoppers to discover its offerings.
Additionally, Coupang leverages various digital advertising tactics to reach a wider audience and drive traffic to its platform. The company utilizes targeted advertising to connect with its target demographic and promote its products effectively. Flash sales and exclusive deals further entice potential customers, encouraging them to explore Coupang’s offerings and make purchases.
Coupang’s extensive user base provides an excellent opportunity for new brands to gain exposure to a diverse audience and benefit from the platform’s popularity. By partnering with Coupang, emerging brands can tap into this vast user base and significantly enhance their online presence.
Furthermore, Coupang collaborates with these brands to leverage innovative solutions and enhance customer experiences through its technological ecosystem. This collaboration allows new brands to benefit from Coupang’s efficient warehousing and delivery capabilities, ensuring timely and cost-effective order fulfillment.
Coupang’s Digital Marketing Efforts
| Coupang’s Digital Marketing Efforts | Statistics |
|---|---|
| Coupang’s Market Share in South Korea | Exceeded 70% |
| Coupang’s Monthly Active Users (2022) | 27.6 million |
| Coupang’s Revenue Growth (Q2 2021) | 91% |
| Coupang’s Customer Satisfaction Rating (2022) | 4.13 out of 5 |
Brands partnering with Coupang not only gain access to a vast user base but also valuable data insights and analytics. Coupang provides detailed analytics to help brands refine their marketing strategies, optimize product offerings, and make data-driven decisions. This data-driven approach not only enhances a brand’s credibility and trustworthiness but also enables continuous improvement and customer satisfaction.
As Coupang continues its global expansion efforts, new brands partnering with the platform may find themselves well-positioned to tap into international markets. Coupang’s strong online presence and established infrastructure make it an attractive destination for emerging brands seeking to expand beyond South Korea.
Coupang’s relentless focus on digital marketing and SEO efforts has propelled its growth and solidified its position as a dominant player in the e-commerce sector. With its innovative marketing tools and commitment to customer satisfaction, Coupang remains a force to be reckoned with in the digital landscape.
Coupang’s Branding Approach
Coupang, a leading e-commerce platform, understands the importance of building a strong brand reputation and fostering brand loyalty. Through its branding efforts, Coupang aims to create a positive and memorable brand experience for its customers.
One of Coupang’s key branding strategies is to ensure consistent messaging across all touchpoints. From its website to social media platforms, Coupang maintains a cohesive brand voice and identity. This helps to establish trust and familiarity among customers, enhancing their overall brand experience.
In addition to messaging, Coupang employs visually appealing design elements to reinforce its brand image. The company prioritizes creating engaging and user-friendly interfaces, making the shopping experience enjoyable for its customers. This attention to detail in design further strengthens Coupang’s brand identity and sets it apart from competitors.
Coupang’s commitment to customer-centricity is evident in its branding approach. The company focuses on delivering exceptional customer service and satisfaction. With its Rocket Delivery, which ensures products arrive within a day with a 100 percent success rate, Coupang aims to exceed customer expectations and establish itself as a reliable and trustworthy e-commerce platform.
Despite facing operating losses, Coupang has maintained a strong brand reputation. The company’s strategic investments in innovative services based on logistics and IT technology have earned it a competitive edge in the market. By prioritizing customer experience and convenience, Coupang has built a loyal customer base that consistently contributes to its revenue.
Coupang’s Branding and Market Presence in Taiwan
| Statistic | Value |
|---|---|
| Taiwan’s e-commerce market (2022) | 4 trillion New Taiwan Dollars |
| Coupang’s planned investment in Taiwan market | 12.7 billion New Taiwan Dollars |
| Active users in South Korea | 19 million (nearly 40% national population) |
| Coupang’s revenue compared to Lotte | 1.5 times larger |
| Revenue increase of HB Global through collaboration with Coupang | 145% YoY growth (110 million New Taiwan Dollars) |
| Targeted Taiwanese products in South Korean market | Facial masks, pineapple cakes, beef instant noodles |
| Coupang’s optimism about Taiwan market | Significant potential seen by Coupang’s CEO |
| Coupang’s global workforce and logistics centers | 63,000 employees, 100+ logistics centers |
| Coupang’s emphasis on fast delivery and logistics network | Vast logistics network and partnerships with Taiwanese logistics companies |
| Price competition and “buyout” supply model | Challenges posed by price competition and Coupang’s large-scale purchasing |
| Growing e-commerce penetration rate in Taiwan | Driven by pandemic’s boost |
| Coupang’s customer attraction strategy | Discounts, such as 30% off on the first purchase |
| Competition and challenges for local e-commerce businesses | Price competition and Coupang’s strong brand recognition |
| Coupang’s expansion plans in Taiwan | Threats to local e-commerce players’ market share |
Through its branding approach, Coupang has successfully positioned itself as a trusted and customer-focused e-commerce platform. The company’s commitment to innovation, fast delivery, and exceptional customer service has contributed to its strong brand reputation and loyal customer base. As Coupang continues to invest in its growth strategy and expand its market share, it poses both challenges and opportunities for local e-commerce players in various markets.
Coupang’s Promotional Methods
Coupang, one of the leading e-commerce companies in South Korea, employs various promotional methods to attract and engage customers. The company implements effective Coupang promotional strategies, discount offers, and promotional campaigns to drive sales and create a positive shopping experience.
Discount Offers
Discount offers are a key component of Coupang’s promotional efforts. The company frequently provides limited-time discounts, flash sales, and exclusive deals on a wide range of products. These discounts create a sense of urgency and encourage customers to make a purchase, boosting sales and customer satisfaction. By offering attractive discounts, Coupang effectively attracts and retains customers in a highly competitive market.
Promotional Campaigns
Coupang executes strategic promotional campaigns to further entice and engage customers. These campaigns often revolve around specific events, seasons, or holidays, leveraging the heightened shopping behavior during these periods. Coupang designs attractive campaigns, featuring special deals, bundle offers, and incentives, to capture the attention of its target audience. By aligning their promotional efforts with customer preferences and shopping trends, Coupang maximizes its impact and drives sales.
Special Deals for Loyal Customers
Coupang recognizes the importance of customer loyalty and aims to reward its loyal shoppers. The company offers exclusive deals, early access to sales, and special perks to its loyal customer base. These special deals not only encourage continued patronage but also foster a sense of appreciation and value among customers. By cultivating a loyal customer base, Coupang establishes long-term relationships and benefits from repeat purchases and positive word-of-mouth marketing.
By effectively implementing these Coupang promotional strategies, discount offers, and promotional campaigns, Coupang stays ahead of its competitors in the dynamic e-commerce landscape. The company’s focus on delivering high-quality products, competitive pricing, and exceptional customer service has positioned it as a trusted and preferred online shopping destination in South Korea.
Coupang’s Growth Strategy
Coupang, the leading e-commerce company in South Korea, has developed a robust growth strategy aimed at solidifying its market dominance and driving expansion both domestically and internationally. Through a combination of innovative initiatives and strategic partnerships, Coupang is positioning itself for continued success in the ever-evolving e-commerce landscape.
Enhancing Customer Attraction
At the core of Coupang’s growth strategy is its commitment to enhancing customer attraction. By offering a wide range of products, from everyday essentials to luxury goods, Coupang caters to the diverse needs and preferences of its customers. This broad product assortment keeps customers coming back, contributing to the company’s continuous growth.
Engagement and Loyalty
Coupang understands the importance of customer engagement and loyalty in sustaining long-term growth. The company has implemented various programs and benefits to incentivize customer loyalty, such as its Rocket Wow membership program. Rocket Wow members enjoy free delivery, discounts, and guaranteed one-day delivery, fostering a sense of loyalty and encouraging repeat purchases.
Exploring New Markets
As part of its expansion plans, Coupang is actively exploring new markets to expand its reach beyond South Korea. With its successful IPO and substantial funding, Coupang is well-positioned to enter new international markets. This expansion will not only increase the company’s revenue potential but also allow it to establish a strong global presence.
Diverse Merchant Base
Coupang’s growth strategy is also reflected in its commitment to supporting a diverse merchant base. While 70% of merchants on the platform are small businesses, Coupang also caters to larger international brands. This diverse merchant base ensures a wide range of products for customers and helps Coupang maintain its market dominance.
| Statistics | Revenue | Active Customers |
|---|---|---|
| 2021 | $18.4 billion | 17.9 million |
| 2020 | N/A | 14.8 million |
Coupang’s growth strategy is driven by a clear focus on customer satisfaction, market dominance, and continuous innovation. By expanding its product assortment, fostering customer loyalty, exploring new markets, and supporting a diverse merchant base, Coupang is well-positioned to maintain its market dominance and achieve further growth in the highly competitive e-commerce industry.
Customer Satisfaction as the Key Focus
In Coupang’s ambitious Marketing Strategy for 2024, customer satisfaction takes center stage. The company’s unwavering commitment to providing exceptional customer experiences is evident in every aspect of its operations. With a customer-centric approach, Coupang strives to redefine the e-commerce landscape and set new standards in customer satisfaction.
From the moment customers land on Coupang’s platform, they are greeted with a seamless and personalized experience. The company understands the importance of addressing customers by their names, leveraging data to create a sense of familiarity and connection. This personal touch goes a long way in enhancing the overall customer experience.
One of Coupang’s core strengths lies in its ability to consistently deliver products to customers’ doorsteps in record time. The company has perfected its logistics operations to ensure timely and reliable deliveries. By exceeding customer expectations for speed and efficiency, Coupang has earned a reputation for reliability and customer satisfaction.
Coupang knows that customer satisfaction extends beyond just delivering products promptly. It actively engages customers throughout the shopping process, offering personalized communication and support. Whether it’s providing order updates, addressing queries, or resolving issues, Coupang’s customer-centric approach ensures that customers feel valued and heard.
To further enhance customer satisfaction, Coupang leverages cutting-edge technology. The implementation of ChatGPT technology has revolutionized the company’s customer service operations. By reducing response times and providing accurate and natural conversational experiences, ChatGPT has significantly improved customer satisfaction levels.
The deployment of chatbots powered by ChatGPT has not only enhanced the overall customer experience but also contributed to increased sales. These chatbots effectively provide personalized product recommendations, communicate special discounts and promotions, and assist customers in making informed purchasing decisions.
Automation through ChatGPT has also resulted in operational efficiency and cost savings for Coupang. With reduced burden on customer service agents, they can focus on more complex issues and provide better support to customers when needed. This improved efficiency allows Coupang to better allocate its resources and ensure a seamless customer experience.
Moreover, continuous data collection and analysis enable Coupang to fine-tune ChatGPT’s performance and further optimize its customer service operations. This ongoing improvement enhances the long-term cost-effectiveness of ChatGPT, contributing to Coupang’s growth and competitive advantage.
The relentless pursuit of customer satisfaction has been one of the keys to Coupang’s success. By consistently exceeding customer expectations, the company has built trust, loyalty, and a strong customer base. Coupang’s dedication to creating exceptional customer experiences not only differentiates it from its competitors but also sets a benchmark for the industry as a whole.
The Role of Technology in Coupang’s Marketing Strategy
Technology plays a crucial role in Coupang’s marketing strategy. The company, listed as a Fortune 200 company and one of the largest retailers in Asia, leverages cutting-edge technologies to optimize its Fulfillment & Transportation Systems (FTS) and enhance Supply Chain Management (SCM).
At the forefront of technology leadership in Coupang is Vishal, the Director of Engineering. With over 21 years of experience and a background as a Chief Technology Officer in esteemed Indian e-commerce companies, Vishal brings expertise in designing software products across diverse domains such as e-commerce, digital payments, travel, and insurance.
Coupang focuses on data-driven marketing to personalize its offerings and provide personalized recommendations to its customers. Through the analysis of customer data, Coupang gains valuable insights into customer preferences and behaviors, allowing for more effective and targeted marketing campaigns.
To implement cutting-edge technologies, Vishal collaborates with cross-functional teams to drive technology leadership in FTS and SCM for the Taiwan business. This collaborative approach ensures the seamless integration of various services, creating a cohesive and convenient shopping experience for customers.
With its advanced technology infrastructure, Coupang is able to offer same-day delivery and returns for millions of consumers. Nearly 70% of South Koreans live within seven miles of a Coupang distribution center, enabling quick and efficient fulfillment.
Despite running at a loss for the past several financial quarters due to aggressive reinvestment strategies, Coupang’s growth and potential are undeniable. The company’s gross profit margin expanded to 27.1% in Q1 2024, showcasing its commitment to optimizing operations through technology.
Furthermore, Coupang’s debut on the New York Stock Exchange as the largest foreign IPO of the year signifies its position as a key player in the global e-commerce market. While individual shares have declined since its IPO, Coupang’s focus on leveraging technology and data-driven marketing sets it apart from competitors like Amazon.
Coupang’s Financial Highlights (Q1 2023 vs. Q1 2024)
| Q1 2023 | Q1 2024 | Change | |
|---|---|---|---|
| Net Revenue | $5.8 billion | $7.1 billion | +22.6% |
| Gross Profit | $1.4 billion | $1.9 billion | +35.8% |
| Net Income | $91 million | $5 million | -94.5% |
| Earnings per Share | $0.05 | $0.00 | -100% |
| Adjusted Earnings per Share | $0.05 | $0.05 | No change |
Coupang’s data-driven and technology-centric approach positions it well for the future. South Korea’s fast-growing economy, coupled with the increasing number of broadband connections in Asia, presents promising opportunities for e-commerce growth, with the potential for Coupang to become the next Amazon or Alibaba of the region.
Coupang’s Impact on the South Korean Market
Coupang, the South Korean e-commerce giant, has made a significant impact on the country’s e-commerce landscape, bringing about market disruption and revolutionizing the way South Koreans shop online. With its emphasis on convenience, competitive pricing, and exceptional service, Coupang has captured the hearts of consumers and reshaped their buying behaviors.
According to recent statistics, Coupang holds an impressive 25% of the e-commerce market share in Korea, solidifying its position as a dominant player in the industry. The company’s revenue has nearly doubled from $12 billion in 2020 to a staggering $23.6 billion in 2023, reflecting its immense growth and expanding customer base.
One of the key factors contributing to Coupang’s success is its innovative “Rocket Deliver” service, which offers next-day delivery across South Korea. This service has become a commonplace offering in the country, setting a new standard for speedy deliveries and customer satisfaction.
Coupang has also been proactive in targeting specific niches within the market. In 2023, the company introduced “Rocket Luxury,” a service focused on delivering premium beauty products within 24 hours. This move reflects Coupang’s recognition of the growing interest in luxury e-commerce, despite the preference for offline luxury purchases among South Korean consumers.
Looking beyond its domestic market, Coupang has set its sights on expanding internationally. With revenue and customer numbers in Taiwan doubling over the last two quarters, the company has identified significant growth opportunities in both domestic and international markets. Markets such as Taiwan, Singapore, and potentially China are on Coupang’s radar for future expansion.
In its pursuit of expansion, Coupang aims to acquire Farfetch, a renowned luxury e-commerce platform. This strategic move will allow Coupang to offer a wide range of luxury categories and tap into Farfetch’s trusted brand and extensive list of luxury brands. However, the integration of Farfetch’s high-end offerings with Coupang’s platform and the handling of return issues for luxury goods pose future challenges for the company.
Despite these challenges, Coupang’s influence on the South Korean market is undeniable. Its disruptive approach to e-commerce has not only forced traditional retail players to adapt but has also inspired other e-commerce companies to enhance their offerings and compete fiercely. As a result, the South Korean e-commerce landscape continues to evolve and grow, providing opportunities for both local and international brands.
| Statistics | Year | Value |
|---|---|---|
| Coupang’s Market Share in South Korea | 2022 | 22.5% |
| Total Commerce Market in Korea | 2027 (Projected) | $563 billion |
| Coupang’s Revenue as % of Korean Retail Market | Less than 5% |
As Coupang continues to disrupt the market and expand its reach, it remains a force to be reckoned with in the South Korean e-commerce landscape. The company’s success story serves as an inspiration for aspiring entrepreneurs and a testament to the power of innovation and customer-centricity in driving business growth.
Conclusion
Throughout its marketing strategy, Coupang has demonstrated remarkable success in the South Korean e-commerce market. By prioritizing customer satisfaction, leveraging innovative technology, and implementing effective branding and digital marketing efforts, Coupang has solidified its position as a leader in the industry.
With a market share of over 30% and revenue of $3.8 billion, the company’s growth prospects remain promising. Coupang’s commitment to offering value and stability, rather than just low prices, has set it apart from competitors and contributed to its continued success.
As Coupang expands further, its emphasis on search optimization, customer demand alignment, and inventory management will remain crucial. Additionally, its continued investment in advertising and partnerships, exemplified by its $157 million spending in Q2 2021, will undoubtedly contribute to future growth.
Overall, Coupang’s marketing strategy provides valuable lessons for other brands and businesses. Its customer-centric approach, focus on delivering value, and strategic use of technology are key factors in its achievements. With its strong foundation and ongoing determination, Coupang is poised for a bright future in the competitive e-commerce landscape.
