[INDIAN ECONOMIC NEWS] Good morning everyone I am  Rumi Dhar from Kama Group.
Here I have important INDIAN economic news to share with you which is as mentioned
below.

Coupang, the South Korean e-commerce behemoth backed by SoftBank Group Corp, is
exploring options to enter the Indian market as it has started talks with the Indian
government to enter one of the world’s largest e-commerce markets, Business Standard
reported, citing unnamed government officials.

“We have received an application from the South Korean government, in which Coupang
has expressed interest in entering India. Dialogues with the Coupang delegation are likely
to start next month,” the financial daily quoted the officials as saying.

Korean-American billionaire Bom Suk Kim founded the e-commerce company in 2010,
and it rose to prominence after introducing its guaranteed quick delivery service in the
country.

Coupang’s proposal comes a year after the e-commerce company announced its
withdrawal from Japan just 21 months after introducing its guaranteed same-day or
next-day delivery service.



Read more at: https://www.moneycontrol.com/news/business/south-korean-e-commerce-major-coupang-exploring-options-to-enter-indian-market-10682541.html

KAMA GROUP
New Delhi
Have a nice day