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Coupang Posts 5th Straight Quarterly Profit

Coupang Posts 5th Straight Quarterly Profit
chosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chosun.com Daily Mail and Mail on Sunday newspapers.

Rocket Delivery , Coupang Eats , Coupang Pay , Coupang Eat ,

Food delivery market competition heats up as Shinhan Bank, Naver enter fray

Competition has been heating up in the food delivery market with Shinhan Bank s new “Ttaenggyeoyo” service rapidly attracting customers and Naver launching a new delivery platform called “N Delivery” in November, according to industry officials, Sunday. One of the country s largest lenders, Shinhan Bank has already registered over 1 million customers for its service in the eight months since its launch in January. The company successfully increased its market share in such a short period of time by giving more benefits to both restaurant owners and customers than other players in the scene. ....

Kim Jae Heun , Ttangyeoyo Courtesy Of Shinhan Bank , Shinhan Bank , Gangnam District , Naver Map , Coupang Eats , Coupang Eat , Data Dragon , Non Delivery ,

Coupang denies sale of its food delivery platform

Coupang, Korea s largest e-commerce company, has denied a recent media report that it was looking to sell its food delivery platform amid intensifying competition and market saturation, company officials said Monday. “The ongoing rumor that we are going to sell our business is not true. Also, we cannot comment on any issues related to M&A deals,” a Coupang official said, dismissing the sale of Coupang Eats as a groundless rumor. ....

South Korea , Kim Jae Heun , Coupang Eats , Baedal Minjok , Mobile Index , Coupang Eat , Baedal Minjok ,

'Mutual efforts required for proper online review system'


Mutual efforts required for proper online review system
Posted : 2021-07-14 08:37
By Nam Hyun-woo
Consumers Union of Korea Chairwoman Kang Jung-hwa / Courtesy of Consumers Union of KoreaWith online commerce platforms replacing most conventional trading activities in consumer markets in Korea, unexpected disputes between consumers and service providers are also emerging.
Social network services have recently been flooded with postings showing cases of service providers coercing consumers into giving high ratings or consumers demanding discounts or free gifts in return for high ratings ― raising questions over the validity and purpose of review systems.
With growing calls for systematic improvements, Consumers Union of Korea Chairwoman Kang Jung-hwa says, however, further rules and regulations will discourage both consumers and sellers from engaging in ratings system. Rather, platform providers and consumer groups should encourage both consumers and seller ....

Soult Ukpyolsi , South Korea , Kang Jung Hwa , Fair Trade Commission , Consumers Union Of Korea , Korea Chairwoman Kang Jung Hwa , Consumers Union , Coupang Eats , Coupang Eat , தெற்கு கொரியா , நியாயமான வர்த்தகம் தரகு , நுகர்வோர் தொழிற்சங்கம் ஆஃப் கொரியா , நுகர்வோர் தொழிற்சங்கம் ,