Coupang and LG Household & Health Care bury the hatchet

Coupang and LG Household & Health Care bury the hatchet

THE WHAT? Coupang and LG Household & Health Care have reconciled after a five-year dispute over cancelled orders. LG H&H will sell its Elastin, Perioe, CNP, O’Hui and Sum 37˚ on the platform once more.

THE DETAILS According to a report published by The Korea Herald, the Korea Fair Trade Commission fined Coupang KRW3.3 billion for unfair practices. Coupang’s appeal is pending.

THE WHY? A spokesperson for Coupang told The Korea Herald, “Coupang has been in discussions with LG H&H on ways to resume the partnership. Coupang will continue to actively communicate and collaborate with its partners to provide customers with a greater choice of quality products.”

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