ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Retail

Coupang founder drops all South Korean posts to focus on global push

Kim Bom-suk plans to expand abroad using funds raised by Wall St. debut

Kim Bom-suk, founder of South Korean e-commerce group Coupang, stands outside the New York Stock Exchange in March. (AP via Kyodo)

SEOUL -- The founder of leading South Korean e-tailer Coupang has stepped down from all positions at the group's domestic unit, as he focuses on the international segment.

Kim Bom-suk resigned as board chairman and registered director of Coupang Korea effective May 31. He has been replaced by Kang Han-seung, who is serving double duty as the company's president.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more