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3rd Largest E-commerce Opportunity Globally coupang Country CAGR 2021-2025E 1 China 13% 2 USA 7% 3 Korea 11% 4 5 UK 6% Japan 6% Source: Euromonitor International Ltd, Euromonitor's Retailing 2022 edition; E-commerce is same as the goods e-commerce definition in Euromonitor Passport Retailing 2022ed.; Retail value RSP incl sales tax, US$, fixed exchange rate, constant terms. 4

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