Tag: south korea news and updates

  • Softbank invests $1B in S. Korean shopping site

    Softbank invests $1B in S. Korean shopping site

    SEOUL, South Korea (AP) — Coupang, a South Korean online shopping site, has secured a $1 billion investment from Japanese Internet company Softbank Corp. Coupang said Wednesday that Softbank founder Masayoshi Son decided to back Coupang because of the South Korean company’s delivery system and its market dominance in online shopping via smartphones. It is […]