SEOUL -- Years of upfront investments in logistics are paying off for top South Korean e-commerce group Coupang, which has logged a second straight quarter of operating profit.
Companies
Coupang, South Korea's Amazon, reaps rewards of robot investments
Warehouse automation drives profit streak, but share price still lags
Robots pick and deliver items to be boxed at Coupang's Daegu fulfillment center. (Photo courtesy of Coupang)
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