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Update: Market Chatter: Coupang Faces South Korea FTC Probe Over Potential Unfair Bundling in Wow Membership
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Update: Market Chatter: Coupang Faces South Korea FTC Probe Over Potential Unfair Bundling in Wow Membership
May 26, 2025 1:19 PM

09:51 AM EDT, 05/23/2025 (MT Newswires) -- (Updates to include a response from South Korea's Fair Trade Commission in the last paragraph.)

Coupang ( CPNG ) is facing an on-site investigation by South Korea's Fair Trade Commission looking into potential "tying" practices related to the company's Wow Membership service, Business Korea reported Thursday, citing industry sources and the agency.

The regulator sent investigators to secure relevant data from Coupang's ( CPNG ) Seoul headquarters, according to the report.

The inquiry will check if Coupang ( CPNG ) unfairly combines services like free Coupang Play and no delivery fees for Coupang Eats with its Wow Membership, which would break trade rules, the report said.

South Korea's FTC declined MT Newswires' comment request, while Coupang ( CPNG ) did not immediately respond.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 27.19, Change: -0.10, Percent Change: -0.35

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