Coupang Opens '2020 Fashion Market' as Part of Donghaeng Sale
Plan to Support 80.4 Billion KRW Including Commission Discounts During Donghaeng Sale Period
[Asia Economy Reporter Kim Heeyoon] Coupang announced on the 3rd that it will hold the ‘2020 Fashion Market’ as part of the Korea Together Sale. This special exhibition, which gathers newly registered sellers in the fashion category, showcases products from various categories such as ‘Women’s Fashion,’ ‘Men’s Fashion,’ ‘Infant and Children’s Fashion,’ ‘Shoes,’ and ‘Bags & Accessories.’
Through participation in the Korea Together Sale, Coupang aims to help alleviate the economic difficulties of small and medium-sized suppliers. During the 100-day sale period from August 23 to September 30, Coupang plans to support with 80.4 billion KRW by discounting sales commissions for newly registered sellers in the Coupang Marketplace fashion category and advancing payment dates for sellers who meet certain criteria.
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Tiffany Gonzalez, Senior Director of Coupang Marketplace, said, “We prepared this special exhibition to participate in the Korea Together Sale and help small and medium-sized enterprises and small business owners expand their online sales channels and increase sales. Coupang will actively support efforts to help small businesses overcome their difficulties.”
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