Online boom: SoftBank-backed Coupang surges to over $100 billion valuation in debut

Online boom: SoftBank-backed Coupang surges to over $100 billion valuation in debut

3 years ago
Anonymous $hYN7Hy7o7J

https://www.reuters.com/article/us-coupang-ipo/online-boom-softbank-backed-coupang-surges-to-over-100-billion-valuation-in-debut-idUSKBN2B302T

SoftBank Group Corp-backed Coupang was valued at around $109 billion in its market debut on Thursday after South Korea's largest e-commerce company raised around $4.6 billion in the biggest U.S. initial public offering this year.