Korean e-commerce firm Coupang raises $2 billion from SoftBank’s Vision Fund
https://techcrunch.com/2018/11/20/coupang-raises-2-billion-from-softbanks-vision-fund/
Just days after a CIA report concluded that Saudi Crown Prince Mohammed bin Salman ordered the murder of journalist Jamal Khashoggi, SoftBank’s Vision Fund — the gargantuan investment vehicle anchored by a $45 billion investment from Saudi Arabia’s PIF sovereign fund — is back in check-writing action.
Coupang, Korea’s largest e-commerce firm, revealed today that it has raised $2 billion from the Vision Fund. The investment comes weeks after SoftBank’s stake in Coupang was transferred over the Vision Fund, as the firm has done with a number of its investment.
Korean e-commerce firm Coupang raises $2 billion from SoftBank’s Vision Fund
Nov 20, 2018, 2:19pm UTC
https://techcrunch.com/2018/11/20/coupang-raises-2-billion-from-softbanks-vision-fund/
> Just days after a CIA report concluded that Saudi Crown Prince Mohammed bin Salman ordered the murder of journalist Jamal Khashoggi, SoftBank’s Vision Fund — the gargantuan investment vehicle anchored by a $45 billion investment from Saudi Arabia’s PIF sovereign fund — is back in check-writing action.
> Coupang, Korea’s largest e-commerce firm, revealed today that it has raised $2 billion from the Vision Fund. The investment comes weeks after SoftBank’s stake in Coupang was transferred over the Vision Fund, as the firm has done with a number of its investment.