Coupang, the Amazon of South Korea, makes its debut on NYSE

Coupang, the Amazon of South Korea, makes its debut on NYSE

3 years ago
Anonymous $hYN7Hy7o7J

https://apnews.com/89c512932a74dc7666aeb26f06a7cca8

The biggest IPO in years is rolling out Thursday on the New York Stock Exchange where Coupang, the South Korean equivalent of Amazon in the U.S., or Alibaba in China, will begin trading under the ticker “CPNG."

It's actually the largest initial public offering from an Asian company since Alibaba went public about seven years ago. And it's the biggest in the U.S. since Uber raised more than $8 billion in 2019.

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