It may raise up to $3.6 billion. Korean e-commerce site Coupang to offer 100M shares in IPO, priced at $32 to $34 per share Published: March 9, 2021 at 9:30 a.m. Coupang, South Korea's biggest e-commerce company, has pulled off the largest US initial public offering so far this year. Management initially priced the shares in a range of $27 to $30, but as a result of strong investor interest, it … The stock opened at $63.50, far exceeding its IPO price of $35 per share and valuing Coupang … Korean e-commerce giant Coupang’s shares surged on its New York Stock Exchange listing Thursday. Coupang is set to make its Wall Street debut on the New York Stock Exchange on Thursday after the South Korean e-commerce company priced its 130 million share IPO … Coupang, South Korea’s biggest e … About $4.5 billion worth of shares were sold, giving Coupang a valuation somewhere around $50 billion. Coupang — a South Korean e-commerce giant that has been likened to Amazon — raised nearly $4.6 billion in the US’ largest initial public offering so far this year. Share ... Coupang, the Amazon of South Korea, sees its shares pop in mega US IPO. According to an amended S-1 filing, Coupang expects to price its IPO between $27 to $30 per share. March 9, 2021 11:20 am Coupang has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering… Coupang, whose biggest backer is Japanese conglomerate SoftBank Group Corp., opened trading in New York Thursday at $63.50 a share, an 81% jump from the price in its upsized $4.6 billion IPO Wednesday. Coupang is set to debut on the New York Stock Exchange under the ticker "CPNG" later in the day when U.S. markets open. The shares closed at $49.25, valuing Coupang at about $84 billion. Trading started on the New York Stock Exchange Thursday. South Korean e-commerce leader Coupang () kicked off its IPO on Wednesday. Published March 11, 2021 9:34 pm . The company said it had priced 130 million shares at … That briefly gave the company a market value of more than $100 billion. After a wildly successful IPO, Coupang is cashed up and ready to take on competitors gunning for the leadership position in Korea’s highly-competitive e-commerce market. ET This would make it one of the largest Asian IPO …
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