Coupang is a South Korean e-commerce company and the fastest growing e-commerce company in the world. It was founded in 2010 by Harvard Business School graduate Bomseok Kim.
Coupang’s entry requirements:
1. Enterprises registered in China, Hong Kong, Macao and Taiwan;
2. Already engaged in international e-commerce and familiar with China Customs exit requirements;
3. Provide business license, CEO passport, bank account statement copy. If you open a store on Amazon, provide Amazon URL and seller business ID copy.
4. Have a receiving account in China, Hong Kong, Macau, Taiwan, the United States or South Korea;
5. Must be able to receive monthly remittances;
6. The seller should cooperate with express companies that can provide cross-border mailing services, provide buyers with delivery tracking numbers, and provide buyers with return and exchange services.
How much does it cost to join Coupang?
1. No initial configuration fee & platform monthly rent;
2. Commission: Product commission is charged at 5%-10% of monthly sales according to different product categories; commission is settled monthly and we will deduct it from the monthly sales of the seller's products on a monthly basis;
For example, in the household electronic digital category, air conditioners, cameras, and flat-screen TVs account for 5%, clothing accounts for 10%, cosmetics accounts for 9%, and electronic games accounts for 6%.
Settlement date: The settlement date is calculated based on the time when the customer places the final payment for the order
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