Coupang, Inc. has announced the appointment of Asha Sharma, Corporate Vice President and Head of Product, AI Platform at Microsoft, to its Board of Directors. Sharma brings a wealth of executive leadership experience, having previously held roles at Meta and Instacart. Prior to her time at Microsoft, Sharma served as the Chief Operating Officer of Instacart, helping lead the company through its IPO and into profitability, while also contributing to its growth as the largest fresh grocery delivery company in North America. Before that, she was the VP of Product at Meta, where she played a significant role in building and scaling Facebook Messenger to billions of users. With a Bachelor of Science in Business from the University of Minnesota, Sharma's career began in marketing at Microsoft.
Coupang, a Fortune 200 technology company listed on the NYSE, provides retail, restaurant delivery, video streaming, and fintech services to customers globally. The company's mission is to revolutionize the everyday lives of its customers and create a world where people wonder, "How did I ever live without Coupang?" Headquartered in the United States, Coupang has operations and support services in various geographies, including South Korea, Taiwan, Singapore, China, India, and Europe.
This news comes as Coupang continues to focus on ensuring the best customer experience and maintaining its commitment to providing innovative services. The company's CEO, Bom Kim, expressed excitement about welcoming Asha Sharma to the board, emphasizing her deep product and practical AI expertise, which aligns with Coupang's mission to drive innovations that impress their customers. Sharma also shared her belief in Coupang's potential, stating that she believes the company will be one of the most important in the world in the next 10 years.
As Coupang expands its leadership team with the addition of Asha Sharma, it remains to be seen how her expertise will contribute to the company's growth and further enhance its offerings to customers worldwide. Following these announcements, the company's shares moved 0.8%, and are now trading at a price of $21.22. If you want to know more, read the company's complete 8-K report here.
