Coupang Raises 20 Billion Won to Support Delivery Workers' Children's Education Expenses
From Children's Daycare to University... Delivery Worker Encouraged for Self-Development with University Tuition Support
[Asia Economy Reporter Kim Cheol-hyun] Coupang announced on the 14th that it will raise a fund of 20 billion KRW to support Coupang Friends (Coochin) and their children's tuition and childcare expenses. Coupang, which directly employs delivery workers called Coochin, plans to use the fund to support childcare expenses for Coochin's children in daycare centers and kindergartens, as well as university tuition assistance.
Coupang will also establish a program to support Coochin in obtaining a bachelor's degree from a four-year university. The company plans to expand the existing system that waives admission fees and reduces tuition in collaboration with four domestic cyber universities, and provide full scholarships based on academic performance, serving as a stepping stone for Coochin who wish to pursue self-development.
Coochin has attracted attention for working conditions such as a 52-hour workweek over five days and 130 days off annually. Unlike other delivery workers, Coochin are provided with vehicles, fuel costs, communication expenses, and even medical services.
A Coupang official stated, "Amid the spread of COVID-19, Coochin have become the backbone of K-quarantine through safe delivery," adding, "Through the fund, we aim to provide quality educational opportunities for their children and help Coochin achieve their own dreams."
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