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[뉴욕=이데일리 김정남 특파원] Bum-seok Kim, Chairman of the Coupang Board of Directors, said on the 11th (local time), “The size of the Korean commerce market is not small.” “I will focus on the Korean market for the time being.”
Chairman Kim held a video conference with the Korean correspondent this afternoon and said, “I have a desire to export services that will impress customers to overseas markets, but for the time being, there are too many things to do for (Korean) customers.”
Coupang, founded by Chairman Kim, was listed on the New York Stock Exchange (NYSE) on the same day and began trading for the first time. The initial price was $63.50, an 81.43% increase from the final public offering price ($35.00), and the closing price on the day was $49.25 per share.
Chairman Kim said, “The most rewarding thing about the listing on the New York Stock Exchange was that it was a great opportunity to show the scale and potential of the Korean commerce market, and the innovative DNA.” The place is Korea” he said. He also said, “I hope this will be an opportunity to show the potential of Korean unicorns.”
Chairman Kim said for the purpose of this listing, “We needed a large amount of funds (for investment),” and said, “It is to secure competitiveness by standing shoulder to shoulder with world-class companies in the world’s largest capital market.” “With this financing, we will continue to invest aggressively in customer innovation,” he said.
Regarding M&A plans in the future, he said, “It is not closed at all.” Said.
Regarding the controversy related to the death of a coupang worker, Kang Seung, the CEO who attended, said, “I take the safety of the workers very seriously” and “a heartbreaking thing”. “We will set a new standard in that area,” he said.