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South Korea e-commerce giant Coupang raises 4.2 billion dollars in NY listing

Seoul - South Korean e-commerce giant Coupang has raised 4.2 billion dollars in its initial public offering that makes it the biggest listing in the United States so far this year. The Seoul-based firm, backed by Japan’s SoftBank, has shaken up the South Korean retail sector since launching 11 years ago with a platform guaranteeing same-day...

11 Mar 2021