Washington Capitals Announce Coupang as Home and Third Jersey Patch Partner
Rhea-AI Summary
Coupang (NYSE: CPNG), an American technology company, has secured a multi-year partnership with the Washington Capitals as their home and third jersey patch partner starting in the 2025-26 NHL preseason. The partnership will feature Coupang's logo with its wordmark and rocket symbol on the upper right chest area of jerseys worn at Capital One Arena.
The collaboration highlights Coupang's role in powering U.S. exports globally, serving customers across 190+ countries with next-day delivery capabilities for 99% of items. The partnership includes signage and advertising elements across the Capitals, Wizards, and Mystics brands, along with entitlements to social media features and presenting partnerships for "Politics Aside" and Capitals Mic'd Up on Monumental Sports Network.
[ "Strategic brand exposure through Washington Capitals' global recognition and Alex Ovechkin's milestone achievements", "Enhanced visibility across multiple sports brands (Capitals, Wizards, Mystics) through comprehensive advertising elements", "Partnership reinforces Coupang's position as a major U.S.-based technology company supporting American businesses globally" ]Positive
- None.
Negative
- None.
News Market Reaction – CPNG
On the day this news was published, CPNG declined 0.28%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Coupang logo debuts on home and third jerseys starting with the 2025-26 NHL preseason
Coupang will have its logo featuring its wordmark and a rocket worn on the upper right chest area of the jerseys. The logo is symbolic of Coupang's services that offer international customers a selection of millions of items sold by
The partnership highlights Coupang as an American company that exports and builds economic bridges for
With Coupang's brand on the Capitals home jerseys, the partnership will promote Coupang's and Monumental Sports & Entertainment's commitment to supporting American companies' efforts to grow their businesses and brands on an international scale. Coupang and MSE will collaborate each year to highlight the importance of small businesses and building economic growth at home through global sales of American goods.
This partnership follows a remarkable season for the Capitals, during which the organization gained global recognition thanks to the team's strong performance and captain Alex Ovechkin's pursuit of the historic all-time goals scored record. As the Capitals enter the 2025-26 season, they anticipate continued success on the ice as Ovechkin is nearing his 900th career goal and the milestone of 1,500 career games played, positioning Coupang's entitlement of the jersey patch for greater brand awareness.
"We're proud to welcome Coupang as our home jersey patch partner, particularly as a
Coupang's partnership includes several signage and advertising elements across the Capitals, Wizards and Mystics brands. Coupang will also receive entitlement to Capitals social media features and serve as the presenting partner of "Politics Aside" on Monumental Sports Network, as well as the presenting partner of Capitals Mic'd Up.
"Coupang looks forward to building upon our partnership with Monumental Sports & Entertainment. This initiative just makes sense. Both the Capitals and Coupang operate with speed and leverage technology to deliver world-class experiences for customers. By teaming up, we can deepen our efforts to accelerate economic growth at home by going digital and winning abroad through stronger sales and exports," said HL Rogers, Chief Administrative Officer and General Counsel, Coupang.
About Coupang
Coupang is an American 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. Learn more at www.aboutcoupang.com/
Capitals Contact:
Megan Eichenberg, meichenberg@washcaps.com
Coupang Contact:
Erika Reynoso, ereynoso@coupanginc.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/washington-capitals-announce-coupang-as-home-and-third-jersey-patch-partner-302545009.html
SOURCE Washington Capitals
FAQ
What is the new partnership between Coupang and Washington Capitals?
Where will the Coupang (CPNG) logo appear on Washington Capitals jerseys?
What additional benefits does Coupang (CPNG) receive from the Capitals partnership?
How many countries does Coupang (CPNG) serve through its platform?
When will Coupang's (CPNG) jersey patch partnership with the Capitals begin?