Harry You, Member of the Board of Directors and Audit Committee Chair of Coupang, Inc. to Retire from the Board of Directors
April 25, 2023 at 01:34 am IST
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On April 18, 2023, Harry You, a member of the Board of Directors and Audit Committee Chair of Coupang, Inc., notified the Company that he will retire from the Board of Directors (the Board") effective as of the date of the Company's 2023 Annual Meeting of Stockholders. As a result, Mr. You will not stand for re-election to the Board at the Annual Meeting.
Coupang, Inc. owns and operates a retail business, which primarily serves the Korean retail market. Through its mobile applications and Internet websites, it offers products and services that span a range of categories, including home goods and decor, apparel and beauty products, fresh food and grocery, sporting goods, electronics, everyday consumables, travel, restaurant order and delivery, content streaming, and advertising. Its Product Commerce segment primarily includes core Korean retail (owned inventory) and marketplace offerings and Rocket Fresh, its fresh grocery offering, as well as advertising products associated with these offerings. Its Developing Offerings segment primarily includes more nascent offerings and services, including Coupang Eats, its restaurant ordering and delivery service in Korea, Coupang Play, its online content streaming service in Korea, fintech, its retail operations in Taiwan, as well as advertising products associated with these offerings.