Coupang Partners With The U.S. Department Of Commerce To Co-Host EMPOWER Asia Webinars To Promote U.S. Exports
Portfolio Pulse from Benzinga Newsdesk
Coupang (NYSE:CPNG), in partnership with the U.S. Department of Commerce and International Trade Administration, co-hosted EMPOWER Asia webinars aimed at promoting U.S. exports to South Korea, with a focus on women-owned businesses in the Food & Beverage and Apparel & Fashion industries. The webinars provided insights into Korea's commerce market, expected to exceed $563 billion by 2027, and offered guidance on leveraging Coupang's platform for cross-border trade. Speakers from various organizations shared their expertise on accessing the Korean market and succeeding on Coupang's platform.
March 05, 2024 | 1:11 pm
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Coupang's strategic partnership with the U.S. Department of Commerce to promote U.S. exports to South Korea, especially from women-owned businesses, positions CPNG as a key player in facilitating cross-border trade.
Coupang's involvement in co-hosting EMPOWER Asia webinars with the U.S. Department of Commerce highlights its strategic role in expanding U.S. exports to South Korea. This initiative not only enhances Coupang's reputation as a facilitator of cross-border trade but also potentially increases its user base and sales volume by attracting more U.S. sellers to its platform. Given the focus on women-owned businesses and the expected growth of Korea's commerce market, this partnership could lead to significant business opportunities for Coupang.
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