As reported by Coupang’s President Bom Kim, his four year old ecommerce company has surpassed monthly turnover of 200 billion won (a little shy of $200 million USD). While the comapny started life as a daily deals site, it rapidly became an ecommerce focused enterprise, escaping the global downturn in daily deals that put market leader Groupon into major trouble this year. Kim now sees his largest rival as Amazon, which is…

[This article was originally published on Forbes] I was in Asia last week to attend a Demo Day for startups that participated in a two month acceleration program through DEV Korea where I serve as a principal. These companies had split their time between New York and Seoul in order to gain a global perspective that could be applied to their ventures while they were still in a formative stage. This is…

“We want to be the Amazon of Korea. We are the largest online retailer here, and we’re one of the most well-funded tech companies in Korea.” CEO of Coupang, Bom Kim in an interview with Forbes To accelerate this growth Coupang has just announced another huge funding round, worth $300 million USD, from BlackRock Private Equity Partners. This follows fast on the heals of another $100 million USD round led around five months…