Company Directory - Coupang Inc
Company Details - Coupang Inc
Coupang Inc
WebsiteSouth Korea
Coupang Inc is a South Korean e-commerce company known for its fast delivery and extensive product offerings.
CCI Score
CCI Score: Coupang Inc
-56.82
0.04%
Latest Event
Lobbying Disclosure: Coupang Inc. Spent $1,010,000 on Lobbying
Coupang Inc. disclosed a lobbying expenditure of $1,010,000 in Q4 2024. The filing revealed efforts to promote expanded SME participation and market access, raising concerns about the company’s use of its political influence to further corporate interests at the expense of democratic accountability.
Take Action
So what can you do? It's time to make tough choices. Where will you cast your vote?
- Shop Alternatives
SEE ALL - Use Your Voice
OTHER TOOLS - Investigate
- Share the Score
SUPPORT CCI
QUISLING
Coupang Inc is currently rated as a Quisling.
Latest Events
- OCT012024
Coupang Inc. disclosed a lobbying expenditure of $1,010,000 in Q4 2024. The filing revealed efforts to promote expanded SME participation and market access, raising concerns about the company’s use of its political influence to further corporate interests at the expense of democratic accountability.
-40
Political Contributions and Lobbying Efforts
March 27
The disclosed lobbying expenditure of $1,010,000 by Coupang Inc. is indicative of significant corporate political activity aimed at shaping policy in favor of market expansion. From an anti-fascist perspective, such use of corporate resources to influence political outcomes can be seen as complicity in undermining democratic processes and enabling authoritarian practices.
Lobbying Update: $1,010,000 of COUPANG INC. lobbying was just disclosed
- SEP092024
Coupang Inc was fined by the Korea Fair Trade Commission for deceptive practices adversely affecting its labor relations. This event highlights significant concerns over labor rights and fair treatment of workers, raising doubts about the company's commitment to ethical business practices that can indirectly support authoritarian economic structures.
-60
Labor Relations and Human Rights Practices
March 27
The article reports that Coupang violated fair trade law through deceptive practices that negatively impacted labor relations. This breach underlines a disregard for workers' rights and ethical labor practices, a key concern from an anti-fascist perspective, as exploitation of labor contributes to systemic abuses and authoritarian economic practices.
Coupang, the Amazon of South Korea, Violating Fair Trade Law
- JUN132024
Coupang Inc. was fined 140 billion won by the Fair Trade Commission for using deceptive search algorithms and mobilizing employees to post fake product reviews to boost sales of its private-label items, an action that undermines fair market competition and consumer trust.
-80
Business Practices and Ethical Responsibility
March 27
Coupang engaged in unethical business practices by manipulating its search algorithms and coordinating fake product reviews to prioritize its private-label products. This deceptive behavior not only violates fair trade regulations but also erodes consumer trust and market fairness, reflecting deep issues in its business ethics.
Coupang fined 140 bln won for alleged manipulation of search algorithm
-70
Technology and Services Impact
March 27
Coupang's misuse of technology is evident in its deployment of deceptive algorithms, which artificially promote its private-label products over competitors, thereby compromising transparency and fair consumer choice in the digital marketplace.
Coupang fined 140 bln won for alleged manipulation of search algorithm
- MAR312024
In early 2024, Coupang significantly increased its U.S. lobbying efforts, spending over half of last year's funds to counter proposed online platform regulations by the Korea Fair Trade Commission. This move is seen as an attempt to influence U.S. policy in favor of the company and deter consumer-protective regulatory measures.
-75
Political Contributions and Lobbying Efforts
March 27
Coupang's ramped-up lobbying efforts in the U.S.—evidenced by a significant increase in spending and the number of lobbyists—highlight a strategic move to counter regulatory measures designed to protect consumers and ensure fair competition. This proactive action to influence policy undermines progressive regulatory frameworks and reflects corporate behavior that is complicit in efforts to subvert democratic oversight.
Coupang intensifies U.S. lobbying efforts to counter platform regulations
- FEB152024
Coupang Fulfillment Service is accused of blacklisting over 16,000 employees and union members, potentially violating South Korea's Labor Standards Act and undermining workers' rights. The incident raises serious concerns about the company's commitment to fair labor practices and ethical responsibility.
-70
Labor Relations and Human Rights Practices
March 27
The article details allegations that Coupang blacklisted union members and restricted employment opportunities, which is indicative of poor labor relations and disregard for workers' rights. Such actions, if proven, demonstrate complicity in creating oppressive labor environments that can contribute to broader authoritarian practices by stifling dissent and union activity.
- JUL062021
Coupang is under investigation by the Korea Fair Trade Commission for alleged algorithm manipulation that prioritizes its private-label products, coercion of suppliers through forced advertising and pricing practices, and concerns over poor working conditions following a logistics centre fire. These practices raise serious ethical concerns and point to a broader pattern of corporate behavior that may contribute to oppressive market dynamics.
-70
Business Practices and Ethical Responsibility
March 27
The investigation into Coupang reveals significant unethical business practices under its operations. Allegations include manipulating the search algorithm to favor its own private-label products over those of other suppliers, coercing suppliers into accepting lower prices and mandatory advertising purchases, and evidence of poor working conditions exemplified by a fire incident at a logistics centre. Such conduct undermines fair competition, exploits supply chain partners, and reflects a broader neglect of labor rights, thereby contributing indirectly to authoritarian corporate behavior.
Alternatives
Beijing, China
46.32
Guangzhou, China
-22.58
Bangalore, India
-26.75
Seattle, United States
-28.96
Seattle, USA
-49.85
Corporation
7.08
Corporation
-32.26
Corporation
-49.95
Istanbul, Turkey
73.02
Bangalore, India
20.77
Industries
- 423450
- Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers
- 541511
- Custom Computer Programming Services
- 454110
- Electronic Shopping