coupang

CE 100 Index Slips 2% as Bank Earnings Spark Decline
CE 100 Index Slips 2% as Bank Earnings Spark Decline
April 15, 2024  |  Connected Economy

Earnings season has begun, and at least initially, investors seemed nonplussed. Despite resilient consumer spending, inflation’s sticky too — and pressures are evident in the...

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Coupang Eats Taps Free Delivery Subscription Model as Aggregators Drive Frequency
Coupang Eats Taps Free Delivery Subscription Model as Aggregators Drive Frequency
March 26, 2024  |  Subscriptions

Coupang has become the latest to offer a fee-free fulfillment subscription through its on-demand delivery aggregator — a move that comes as key players in the...

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Sports Franchises Tap Immersive Tech to Keep Fans Engaged and Subscription-Ready 
Sports Franchises Tap Immersive Tech to Keep Fans Engaged and Subscription-Ready 
March 03, 2024  |  Mobile Applications

When it comes to professional sports, it’s not just about the plays and the scores. It’s also about how fans experience and interact with their...

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Coupang Q4: Farfetch Acquisition Opens Door to Untapped Luxury Goods Market
Coupang Q4: Farfetch Acquisition Opens Door to Untapped Luxury Goods Market
February 27, 2024  |  eCommerce

Korean eCommerce giant Coupang announced fourth-quarter earnings on Tuesday (Feb. 27), reporting a year of accelerated growth, record profits and a strong cash balance of over...

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Farfetch, Now Matches: Investors Look for Deals Amid Luxury eCommerce Sites 
Farfetch, Now Matches: Investors Look for Deals Amid Luxury eCommerce Sites 
December 21, 2023  |  eCommerce

Matchesfashion has officially changed hands.   Frasers Group, the British retail conglomerate, has acquired the luxury multibrand retailer for £52 million ($65 million) from private equity...

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Can Coupang’s $500 Million Lifeline Save Farfetch From Falling Out of Fashion?
Can Coupang’s $500 Million Lifeline Save Farfetch From Falling Out of Fashion?
December 19, 2023  |  Retail

After a roller coaster year of surprises, including a November decision to withhold its earnings results for the third quarter of 2023 and the cancellation...

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Farfetch Acquired by Korean eCommerce Giant Coupang
Farfetch Acquired by Korean eCommerce Giant Coupang
December 19, 2023  |  Retail

Struggling luxury retailer Farfetch has been purchased by Coupang, the South Korean eCommerce giant. The deal gives Coupang greater access to the personal luxury goods space, while offering...

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Coupang Reports Strong Growth and Profitability in Q3
Coupang Reports Strong Growth and Profitability in Q3
November 07, 2023  |  Earnings

Coupang has reported strong financial results for the third quarter of 2023. The company’s net revenues reached $6.2 billion, with a year-over-year growth of 21%...

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CE100 Index Dips 2.6%, Led by Vroom’s Post-Earnings Skid
CE100 Index Dips 2.6%, Led by Vroom’s Post-Earnings Skid
August 14, 2023  |  Connected Economy

Vroom and Roblox were notable double-digit decliners, more than offsetting the positive impact of stock surges seen from the likes of Cogent.  The CE 100...

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