SoftBank doubles down on Korean online retailer Coupang with $2 billion investment
https://www.reuters.com/article/us-coupang-m-a-softbank-group/softbank-doubles-down-on-korean-online-retailer-coupang-with-2-billion-investment-idUSKCN1NP1L7
SoftBank Group Corp's Vision Fund is investing $2 billion in South Korea's top e-commerce firm Coupang, the retailer said on Tuesday, as the loss-making startup girds for battle against rivals backed by the country's cash-rich chaebol.