As South Korea's coronavirus cases leapt above 5,000 this week, mask-wearin...
INCHEON, South Korea - As South Korea’s coronavirus cases leapt above 5,000 this week, mask-wearing workers at a logistics center run by e-commerce firm Coupang Corp raced to disinfect trucks and load thousands of boxes of microwavable rice, disposable diapers and kitchen towels.
Even before the epidemic, South Korea was expected to become the world’s No. 3 e-commerce market this year after China and the United States, according to Euromonitor, a remarkable statistic for a nation of just 51.7 million. But the surge in orders, mostly for low-margin goods such as household items and fresh produce, may be a double-edged sword as delivery costs also balloon, potentially setting the 10-year old firm even further back in its quest for profitability, analysts said.
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