Coupang Makes Rare Startup Investment In Video Chat App Episoden

📆 10/09/2024 03:31 a. m.
📰 ForbesTech

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I’m a senior editor at Forbes based in Hong Kong, covering entrepreneurs and investors in Asia. I edit the Korea’s 50 Richest wealth ranking and co-edit the Forbes Asia 100 to Watch list.

The South Korean e-commerce giant led the Series A round for Seoul-based Episoden, whose app and website allow users to video chat with people looking to practice their English., made a rare investment in a startup, leading a 4.5 billion won Series A round in Seoul-based video chat app Episoden.

When asked why Coupang invested in Episoden, a spokesperson for the e-commerce giant said: “Coupang began as a startup solving customer problems and has become a role model for many startups by listing on the , a symbol of the global capital market.

Yang says he was connected to Coupang at Primer Sazze’s Demo Day and he doesn’t have a specific plan yet for potential partnerships with his new investor, whose main businesses are e-commerce and food delivery in South Korea.

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