U.S. Technology Company Coupang Presents Its Vision to Accelerate AI-driven Commerce at the APEC CEO Summit
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Coupang is working to help advance America’s global leadership on AI, drive
U.S. exports, and expand international commerce -
From 2022 through 2024, Coupang spent more than
to expand AI innovations and other advanced technologies in the APEC region$3B
“As a
Coupang’s world class end-to-end logistics system leverages AI-driven services that are helping redefine global supply chains and provide an unparalleled consumer experience, including lower prices and faster delivery timelines.
The AI advancements are helping Coupang predict what customers will want by forecasting demand, determining the most efficient path to deliver a customer’s order, and automating the fulfillment process through the adoption of driverless forklifts, sorting robots, and other AI-optimized logistics.
These innovations are creating experiences for Coupang customers that previously seemed impossible. For example, if Coupang customers place an order for fresh groceries or a new smartphone by midnight, it will arrive at their door by dawn the next morning.
Using smart innovations to drive
Coupang’s innovations are also helping serve as a bridge between the
The company’s innovation efforts are helping turbo-charge the growth of thousands of
Coupang’s retail innovations can provide a small American wellness company or Korean farmer with robust inventory management, market prediction, and digital marketing power that can help them operate like a Fortune 500 company.
For example, Carlson Labs, a women-led small business in
Creating jobs with AI innovation
Coupang’s AI innovation is also helping create jobs. Today, Coupang is the number one job creator and second largest private employer in
Coupang plans to continue investing in AI and advanced technology across the APEC region to deliver a world-class experience to customers, drive exports of American goods and agriculture, support the growth of small businesses, and advance the
Learn more at www.aboutcoupang.com
About Coupang
Coupang is a technology and Fortune 150 company listed on the New York Stock Exchange (NYSE: CPNG) that provides retail, restaurant delivery, video streaming, and fintech services to customers around the world under brands that include Coupang, Eats, Play, Rocket Now, and Farfetch. It operates in over 190 countries and territories around the world.
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Media Contact:
Coupang PR
press@coupang.com
Source: Coupang