Coupang and Coupang Fulfillment Service Win Korea SCM Industry Award

Coupang Receives Minister of Trade, Industry and Energy Award
Coupang Fulfillment Service Honored in Logistics Sector

Chairman Changseong Ko (left) of the Korea SCM Society and Myungkyu Kim, Executive Vice President of Logistics Policy at Coupang, are posing for a commemorative photo.

[Asia Economy Reporter Kim Cheol-hyun] Coupang and Coupang Fulfillment Service announced on the 2nd that they received the 'Grand Prize in the Logistics Category' and the 'Minister of Trade, Industry and Energy Commendation' respectively at the 20th Korea SCM Industry Awards Ceremony.

The Korea SCM Industry Awards are given by the Korea SCM Society to companies and individuals who have achieved successful accomplishments to promote the spread and establishment of Supply Chain Management (SCM) systems.

Coupang and Coupang Fulfillment Service were honored with the awards in recognition of their achievements in providing new sales channels and growth opportunities to local small business owners and agricultural, fishery, and livestock producers based on their independently established nationwide logistics infrastructure, as well as creating quality jobs through direct employment.

Since launching Rocket Delivery in 2014, Coupang has built over 100 proprietary logistics infrastructures in more than 30 cities nationwide. In particular, Coupang directly employs all delivery personnel (Coupang Friends) and prioritizes hiring local residents, especially women and middle-aged individuals, whenever a logistics center is established in a region, contributing to resolving job blind spots. Additionally, Coupang’s direct purchase system based on its logistics infrastructure positively impacts the stable sales growth and product competitiveness of small business owners.

Going forward, Coupang plans to continue investing in expanding its nationwide logistics infrastructure as it has done so far, taking the lead in creating quality local jobs. Based on its nationwide logistics infrastructure, Coupang intends to introduce various new businesses and strive to provide more opportunities to small business owners working with Coupang.

Kim Myung-kyu, Executive Director of Logistics Policy at Coupang, said, "Coupang has continuously made large-scale investments in expanding nationwide logistics infrastructure, leading to the creation of quality jobs as well as the growth of local economies and mutual prosperity activities. We will actively engage in continuous investment and collaboration so that sellers working with Coupang can gain more opportunities in the future."

This content was produced with the assistance of AI translation services.