Market Chatter: Coupang Suspends Select Imported Foods in Rocket Growth Over Safety Concerns
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Coupang, a South Korean e-commerce company, has suspended the sale and inbound shipments of certain imported food products through its Rocket Growth service due to safety concerns. This decision follows recent enforcement actions by the Ministry of Food and Drug Safety, which penalized several importers and retailers for food regulation violations. Rocket Growth enables vendors to store goods at Coupang's logistics centers, with the company handling delivery and returns.
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