SEOUL -- South Korea's e-commerce giant Coupang reported an operating loss of $1.5 billion for last year, the biggest loss to date due to the cost of fielding an industry-disrupting rapid delivery service.
Retail
Coupang posts record loss as expanding rapid delivery network
South Korea's e-tailer faces further burden by soaring logistics costs
Coupang maintains a large network of distribution centers to fulfill orders within 24 hours. © Reuters
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