A study has found that domestic e-commerce company Coupang recorded the largest transaction volume in history last year.

According to app and retail analysis service WiseApp and Retail on the 25th, Coupang's estimated annual payment amount last year was 55.861 trillion won, an increase of 23.6% from the previous year, marking an all-time high.

/Courtesy of Wise App
/Courtesy of Wise App

During the same period, the estimated payment amount for the delivery application Coupang Eats increased by 143% to 5.1085 trillion won.

Looking at the trend of Coupang's estimated annual payment amounts, it recorded 33.1364 trillion won in 2021 and 38.6575 trillion won in 2022, maintaining an annual growth rate of 10% to 20%.

WiseApp and Retail's estimated payment amounts were calculated by sampling the amounts paid by individuals aged 20 and over using credit cards, debit cards, bank transfers, and small payments.

Coupang is scheduled to announce its performance from last year on the 26th at dawn (Korea time).