US Patent Issued to Coupang on July 21 for "Systems and methods for regional demand estimation" (South Korean, American Inventors)

ALEXANDRIA, Va., July 21 -- United States Patent no. 12,688,514, issued on July 21, was assigned to Coupang Corp. (Seoul, South Korea).

"Systems and methods for regional demand estimation" was invented by Hernan Awad Amar (Seattle), Jean Choi (Seoul, South Korea), Je Kim (Bellevue, Wash.), Rajesh Medidhi (Seoul, South Korea) and Smita Mohan (Seoul, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods, and computer readable media for inventory demand estimation of a region are disclosed. The method receives an item identifier associated with an item for demand estimation. The method may then access overall demand forecast data for the item and identify geographical regions, and evalu...