For Coupang founder and CEO Bom Kim, a key customer engagement tool for the multinational eCommerce company is its WOW subscription membership program, which had 14 million members at the end of 2023. Get the Full Story Complete the form to unlock this article and enjoy...
Real-time payments platform Volt has launched a partnership with luxury retailer Farfetch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
South Korean eCommerce giant Coupang is seeing growing adoption of its latest products and services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
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 $5.5 billion dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
December 19, 2023
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 of its planned conference call, Farfetch has been acquired by South Korean eCommerce giant Coupang. Get the Full Story Complete the form to unlock this article and enjoy unlimited free […]
November 30, 2023
After a year filled with surprising developments, Farfetch appears to be continuing its trend of unexpected moves. The online luxury retailer revealed this week that it will not be disclosing...
September 05, 2023
Luxury retailers have established a reputation for their exclusive and upscale offerings, catering to a limited clientele characterized by discerning preferences and substantial financial resources. Get the Full Story Complete...
August 15, 2023
Over the past few years, the beauty category has witnessed unprecedented growth, leading to a surge in new brands, innovative products, and cutting-edge marketing strategies. However, while the beauty category...
December 24, 2024
Perfect Corp. plans to acquire Wannaby to expand Perfect’s virtual try-on technology solutions into new luxury market segments like shoes, bags and apparel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. […]
September 18, 2024
Real-time payments platform Volt has launched a partnership with luxury retailer Farfetch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
May 07, 2024
South Korean eCommerce giant Coupang is seeing growing adoption of its latest products and services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
December 19, 2023
Struggling luxury retailer Farfetch has been purchased by Coupang, the South Korean eCommerce giant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...