With the rapid increment in the number of e-commerce customers, the industry of online business has grown explosively over the past few years. Older e-commerce stores have now attained the status of e-commerce giants and the newer e-commerce brands are growing at a pace faster than ever. The current scenario of skyrocketing e-commerce has given birth to renowned platforms such as Amazon. As with the creation of these multi-billion online business platforms, new competitors have also emerged in the online marketplace, such as Coupang. Speculations regarding the future of e-commerce and platform comparisons are the hot topics of discussion now more than ever.
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Coupang- a fast-growing Korean Startup:
Since its debut in 2010, Coupang has broken some major records in the e-commerce world. According to CNBC, the South Korean start-up has not only turned into the fastest growing online retail platforms but is also becoming a staunch competitor of Amazon in Asia.
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