SoftBank-backed Coupang valued at $109 billion in blockbuster debut

SoftBank-backed Coupang valued at $109 billion in blockbuster debut

3 years ago
Anonymous $hYN7Hy7o7J

https://www.reuters.com/article/us-coupang-ipo/softbank-backed-coupang-valued-at-109-billion-in-blockbuster-debut-idUSKBN2B32LU

Shares of SoftBank Group Corp-backed Coupang soared more than 81% in their stock market debut on Thursday, valuing the South Korean e-commerce giant at $109 billion.