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Coupang’s food sales in 1Q 2023 increase by 20% on-year: market data – Aju Business Daily

Coupang’s food sales in 1Q 2023 increase by 20% on-year: market data – Aju Business Daily

[Courtesy of Coupang] SEOUL — Coupang, the South Korean counterpart of Amazon, saw its food sales grow by more than 300 percent compared to the growth of other online and offline food sales. The secret behind Coupang’s success in online food sales is the cooperation between the online shopping giant and food companies in which they take different roles so that they can focus on the things they do best.   The online shopping giant garnered explosive popularity among working people, housewives, and parents with young children during the COVID-19 pandemic through the company’s overnight and one-day grocery delivery… 

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