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South Korea’s E-Commerce giant Coupang to join Amazon & Flipkart in India!
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South Korea’s E-Commerce giant Coupang to join Amazon & Flipkart in India!
Coupang to take on Amazon, Flipkart, JioMart, TataNeu, ONDC, and others in India? The company has started talks with Indian officials.
by FighterMan
Updated: 29 May, 2023, 18:27 IST
32
7656
Coupang is in talks with the Indian government, probably to enter the Indian E-commerce market. It is South Korea’s biggest E-Commerce marketplace.
Coupang also delivers grocery & food, and has an OTT service. It has a same-day, 1-day and 2-day delivery service. 99.6% of its orders are delivered within 24 hrs!
A year ago it got shut down in Japan after 2 years of operations. However, it raised $4.6 billion via IPO in the U.S. (2nd biggest IPO after Uber). SoftBank is the main Investor in this company.
This is what Indian officials said:-
“We have received an application from the South Korean government, in which Coupang has expressed interest in entering India. Dialogues with the Coupang delegation are likely to start next month”
If Coupang makes it then it will compete with Amazon, Flipkart, Reliance (JioMart and others), Tata Neu (Tata CLiQ and others), and ONDC (government backed).
According to the FIS 2023 Global Payments Report, India is expected to grow from $83 billion in 2022 to $150 billion in 2026. This is what may be the reason for Coupang’s India entry.
Top Comments
38
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9305848
Thanks for the heads up!
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9306018
Achhe din incoming
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9306230
Nice deals gonna blow 🌬️🍃 up r way 
My concern is for them that they have a big hurdle ahead of them as they joined the party late. They cud take some share but becoming a market leader wud be very tough.Cud hv been easier if they came up early but still if things r done right n the coffers don't dry up then they cud enjoy good userbase. But they might become Ali express or something. Gen Z Girls love Korea so do millennial women , they cud be a good source of money as makeup items of Korea r quite famous plus might be high end as well as low cost . These cosmetics combined with prize conscious day to day Korean products , could drive sales for them in Metros. If they sell branded products n team up with big retailers then a big plus for them as they won't look like Ali express selling cheap products n no sign whether they are counterfeit/fake or not.
My concern is for them that they have a big hurdle ahead of them as they joined the party late. They cud take some share but becoming a market leader wud be very tough.Cud hv been easier if they came up early but still if things r done right n the coffers don't dry up then they cud enjoy good userbase. But they might become Ali express or something. Gen Z Girls love Korea so do millennial women , they cud be a good source of money as makeup items of Korea r quite famous plus might be high end as well as low cost . These cosmetics combined with prize conscious day to day Korean products , could drive sales for them in Metros. If they sell branded products n team up with big retailers then a big plus for them as they won't look like Ali express selling cheap products n no sign whether they are counterfeit/fake or not.
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9306253
I use Made in Korea Nail Cutter.
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9306290
tata tea sasti dilwa do bas and aashirwad ka desi ghee bhi..meri taraf se 5 star ratings
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9306475
Will we see more discount and cashback??
2
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9306480
I need Korean fashion industry in india
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9306592
gh0s8 wrote:unka self branded Tea and ghee hi mil sakta saste me.
tata tea sasti dilwa do bas and aashirwad ka desi ghee bhi..meri taraf se 5 star ratings
Self promotion to pehle karenge na, to loot lena Korean maal 😂
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9306987
South Koreans don't like Indians at all so I won't give them any welcome
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9307561
Finally some new action in Ecom.
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9307600
Earlier malaysian giant came, what was the name, shoppy something, they have to take exit within 6 months .... It is hard to survive in indian market.
Also, i don't know how much truth in it, but south koreans hate Indians.
Koreans are cute though, i will buy them if price is reasonable.
Also, i don't know how much truth in it, but south koreans hate Indians.
Koreans are cute though, i will buy them if price is reasonable.
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9307673
kartikxxx wrote:
Earlier malaysian giant came, what was the name, shoppy something, they have to take exit within 6 months .... It is hard to survive in indian market.
Also, i don't know how much truth in it, but south koreans hate Indians.
Koreans are cute though, i will buy them if price is reasonable.
Shopee. Parent Sea Limited of Singapore. They closed the India operation following India Government's ban of Free Fire. Now a days Shoppe is only active in South East Asia and LatAm countries.
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9307812
The name though - Coup gang 😳
Scary esp. when its a foreign company,
Just kidding!
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9307827
Shoppe 
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9308018
Nothing can compete ONDC, worldclass
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9308061
I hope for a Paypal kind of loot 🤑🤑🤑
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9308064
Nice
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9308595
Neversaynever wrote:But they have made only 1 phone and 2 earbuds ,and very different from ondc
Nothing can compete ONDC, worldclass
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9308607
Coupang LTF credit card loading...
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9308631
Aava de 
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9308773
saucap wrote:South Koreans don't like Indians at all so I won't give them any welcome
Yes, they're even more racist then old white americans. But weirdly they're more hardcore fans of US and UK then their own country! Inferiority complex?
P.S. my 2 cousins and few of friends were huge fans of BTS and they would buy anything that they would sponsor, esp Korean food (taste bland)/beauty products. After a few months, we found the beauty products are average to below average and finally stopped ordering.
But they pay a handsome sum to influencers so get ready to be spammed 😑
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9308965
Koi to aaye pk gya hu daily need cheeze bahut muskil se mil pa rhi hai amazon jio mart delivery deta ni meri location pr ab Flipkart ka 29 ko out for delivery hua tha abhi tk aaya ni sbse ghatiya to flopkart hai
🎊 
🌟
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9309892
I won't give a damn to south korean co unless they deliver daily essentials like surf, mustard oil, ghee, atta, rice, etc etc @ min 50% off.
🌟
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9309996
Good for customer
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9310350
kartikxxx wrote:So, if the price is reasonable, what will you buy, South Korean 'BOY' or 'GIRL'?
Earlier malaysian giant came, what was the name, shoppy something, they have to take exit within 6 months .... It is hard to survive in indian market.
Also, i don't know how much truth in it, but south koreans hate Indians.
Koreans are cute though, i will buy them if price is reasonable.
https://www.desidime.com/news/south-korea-s-e-commerce-giant-coupang-to-join-amazon-flipkart-in-india?page=1#post_9310401
Expand
UniqueDimer wrote:I missed the word "from", i will buy from them.
So, if the price is reasonable, what will you buy, South Korean 'BOY' or 'GIRL'?
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Reply
My concern is for them that they have a big hurdle ahead of them as they joined the party late. They cud take some share but becoming a market leader wud be very tough.Cud hv been easier if they came up early but still if things r done right n the coffers don't dry up then they cud enjoy good userbase. But they might become Ali express or something. Gen Z Girls love Korea so do millennial women , they cud be a good source of money as makeup items of Korea r quite famous plus might be high end as well as low cost . These cosmetics combined with prize conscious day to day Korean products , could drive sales for them in Metros. If they sell branded products n team up with big retailers then a big plus for them as they won't look like Ali express selling cheap products n no sign whether they are counterfeit/fake or not.
Yes, they're even more racist then old white americans. But weirdly they're more hardcore fans of US and UK then their own country! Inferiority complex?
P.S. my 2 cousins and few of friends were huge fans of BTS and they would buy anything that they would sponsor, esp Korean food (taste bland)/beauty products. After a few months, we found the beauty products are average to below average and finally stopped ordering.
But they pay a handsome sum to influencers so get ready to be spammed 😑