Sequoia Backs Coupang, South Korea’s Answer To Amazon, With $100 Million


This is an under-reported success story. In only 3 years, Coupang now has over $1 billion in sales. This is faster than any other Asian e-commerce company.

Sequoia is leading this $100 million round. Congrats to Altos Ventures for being an early investor in the company.

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http://techcrunch.com/2014/05/28/sequoia-backs-coupang-koreas-answer-to-amazon-with-100-million/

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