Coupang Invests 77.7 Billion KRW to Lease Seongnam Logistics Center
Coupang is set to lease a logistics center in Seongnam, Gyeonggi Province.
Coupang achieved an operating profit of over 600 billion won last year, marking its first annual profit in 14 years since its founding in 2010. The photo shows Coupang headquarters in Songpa-gu, Seoul, on the 28th. Photo by Jinhyung Kang aymsdream@
View original imageOn the 29th, Coupang announced that it will invest 77.7 billion KRW to participate in a paid-in capital increase of its real estate investment affiliate (Aegis Real Estate Private Equity Fund No. 543) starting next month on the 1st.
Hot Picks Today
"Two Spend 500,000 Won in a Flash, Yet Wait Two Hours?" ... 'Dreamland' Shunned by Kids and Foreign Tourists
- The Era of Getting 200 Million Won After 30 Years Is Over... A Japanese Bank's "Perpetual Department Head" Who Just Clocked In Cries Out
- Spain Hit by Its Worst Tragedy... Lee Kangin, Moreno and Real Madrid Join Soccer World in Mourning
- They Said, “Make It Your Home for Life” - Then Suddenly Kicked 200 Passengers Off... What Happened to the Around-the-World Cruise?
- "130 Rice Bowls Sold Out in a Day"... 'Unfiltered Face' Adds 8 Million Won to Night Market Sales: China's Bungeunwoo
According to industry sources, this investment is confirmed to be for leasing the logistics center in Seongnam recently acquired by Aegis Asset Management. Seongnam is a densely populated area in Gyeonggi Province, and Coupang is expected to secure the logistics center to strengthen services such as Rocket Delivery.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
