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Coupang Profit Sparks Luxury Expansion
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Overview
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South Korean online retailer Coupang celebrates its first profitable year, eyeing luxury goods expansion following robust financial performance. The Asian Development Bank aims to boost climate change financing to 55% by 2030, addressing global challenges. Vietnam seeks technology transfers from Chinese energy giant PowerChina amidst growing investments.
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How might Coupang's foray into luxury goods impact the competitive landscape in South Korea?
How might Vietnam's partnership with PowerChina influence the country's energy sector and infrastructure development?
What strategies could the Asian Development Bank employ to secure more funding for climate initiatives?
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