Coupang, HP Korea sign MOU to strengthen sales

E-commerce company Coupang said Thursday it signed a memorandum of understanding (MOU) with HP Korea Wednesday to strengthen sales channels for the technology company’s products. Through the agreement, Coupang will directly acquire HP products from the company, providing customers with better deals. HP Korea will also ensure faster delivery times and improve product services. The two companies plan to cooperate on online marketing and advertisements.

James Lee, Coupang’s senior director, said, “By establishing long-term partnerships, [Coupang] will work harder to expand cooperative businesses.”

Coupang currently offers a range of HP products, such as its gaming PCs and printers through its fast “rocket delivery” service.