Coupang and WeMakePrice, the two frontrunners that started as social commerce companies are having intensifying competition.
WeMakePrice reportedly recorded W370 billion won (£253 million) in transaction volume in June. In the same period, Coupang’s transaction volume was estimated at 400 billion won (274 million).
Coupang pursued by WeMakePrice, has been also showing a tremendous momentum with the first weekly trading volume of July hitting a record high.
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