Why is Coupang complaining to the U.S., lobbying, and giving credit to the U.S. while making 90% of its sales and profits in Korea?

1. I’m trying to enter the huge market of the United States
2. It’s the hometown of U.S. national Kim Bum-seok. (Even a dog eats in his neighborhood.)
3. Nasdaq is also at the KOSDAQ level
   No, it’s a listed company on the NYSE, which is close to the KOSPI, so I’m trying to establish myself in the mining world in the United States…

The answer is no.

Then, what is the conclusion that you go to the U.S. and whine?

First, we need to look at the three reasons why Coupang chose to go public in the U.S. (NYSE) in the first place.

1. Defense of management rights of the headquarters (differential voting rights)
   In the U.S., there is a system that gives 29 votes per share, so a founder can receive a lot of investment and not lose control of his or her stake even if his or her stake decreases. (Korea is not allowed)
2. overwhelming funding
   Thanks to the U.S. market, which highly values “future growth potential” even for deficit companies, 5 trillion won was raised at once, which is much larger than Korea.
3. an American company by birth
   Coupang Inc. was originally a U.S. corporation, and listing in the U.S. was a much more favorable and natural choice for founders and major investors.

in other words
The U.S. listing was advantageous for the exit and attraction of additional investment because Kim Bum-seok, the founder of the company, who borrowed huge U.S. capital and favorable institutions to dominate the Korean market, was a U.S. national and early major investors, including Softbank, were also global capital.

The conclusion we need to grasp is too simple.

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Now Coupang is taking a strategy to secure astronomical investments while protecting the management rights of the US headquarters by utilizing US capital and institutions based on Korea’s market dominance.

So, how should we look at this Coupang incident ignited by the leakage of customer information?

There is no need to cause excessive stomach acid by putting four-prongedism or national pongpong on such a company.

Those who swear or get angry easily say they are weak or afraid of something.

Just enjoy the happiness of getting the product you want early in the morning at a cheap price by rocket delivery…

Life isn’t all about profit, and you can’t ignore the cause
Leave the emotional outbursts and the fighting to the media and politics…
Let’s focus on our lives…

My best friend’s son is a Korean American

I work at Coupang Money Laundering Room…
Isn’t Gunmeul a laundry factory in Yeoksam-dong Coupang sharing company
I’m going to ask…