# Coupang Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coupang-co

- Industry: Internet
- Headquarters: Seoul, South Korea
- Website: www.coupang.com
- Total disclosed funding: $21M
- Latest round: Series C (Aug 22, 2016)
- Investors on record: 7

## About

Founded in 2010 and based in Seoul, South Korea, Coupang Co., Ltd. provides an online platform that enables users to browse and purchase consumer products. The company was founded by Bom Kim. In 2018, Coupang Co., Ltd. raised funding from BlackRock, SB Investment Advisers, and Sequoia Capital. An unspecified investor sold 0.245 million of Coupang Co., Ltd. shares for USD 60.18 billion to Sequoia Capital in June 2023.

The company works with online buyers, by offering the eCommerce platform to buy consumer products through its mobile application. Coupang Co., Ltd. offers an end-to-end e-commerce and logistics network that sells various products such as clothing, beauty, toys, electronics, household, food, pet food, sports equipment, books, music, DVDs, health food, and office supplies. The company also provides interior design, events, travel, and entertainment services. Coupang Co., Ltd. also offers Rocket WOW, a subscription-based solution providing Coupang Eats, a meal delivery platform, and e-wallet Coupang Pay.

The company generates revenue through commissions and subscriptions based on sales per product line and the number of platform users. In 2020, Coupang Co., Ltd. generated USD 11.97 billion in revenue.

The company plans to list on the New York stock exchange under the ticker symbol CPNG.

## Funding rounds

- Series C, Aug 22, 2016 — FJ Labs
- Series B, Mar 29, 2011, $18M — Altos Ventures, Harbor Pacific Capital, Maverick Capital
- Series A, Dec 1, 2010, $3.7M — Founder Collective, Rose Park Advisors
- Seed, Jun 1, 2010 — Tekton Ventures

## Investors

- Tekton Ventures (https://capitalatlas.ai/funds/tekton-ventures) — Seed
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Series A
- Rose Park Advisors (https://capitalatlas.ai/funds/rose-park-advisors) — Series A
- Altos Ventures (https://capitalatlas.ai/funds/altos-ventures) — Series B
- Harbor Pacific Capital (https://capitalatlas.ai/funds/harbor-pacific-capital) — Series B
- Maverick Capital (https://capitalatlas.ai/funds/maverick-capital) — Series B
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series C