[실리콘밸리=뉴스핌]Correspondent Na-rae Kim=Cupang Chairman of the Board of Directors Kim Beom-seok expressed his special affection, saying that he will continue to invest in the Korean market on the first day of his entry into the New York Stock Exchange. The Korean market was evaluated as an opportunity to show the potential and potential of unicorns as a market that Amazon and Alibaba did not dominate.
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| [뉴스핌=김나래 기자] 2021.03.12 Coupang Chairman of the Board of Directors Kim Bum-seok responds to reporters’ inquiries at a press conference in New York, USA [사진=뉴스핌] [email protected] |
On the 11th (local time), Coupang Chairman Kim Bum-seok held a meeting with correspondents in New York and made this announcement. Coupang successfully debuted in the New York market on this day. On that day, Coupang shares closed at $49.52, up 41.49% ($14.52) from the offering price of $35. The initial price of Coupang’s stock was $63.5, an 81.4% increase from the offering price, but the rate of increase has decreased since then, and at the end of the year, it paid the $50 mark.
Before answering questions, Chairman Kim Bum-suk said, “For 10 years, we have been running honestly with only customers, and we have been trying recklessly.” Said a small resentment.
Questions arose as to whether Coupang plans to go beyond the Korean market in the future like Amazon. Chairman Kim expressed his willingness to focus on the Korean market for the time being. The Korean market assessed that it cannot be undervalued as the e-commerce market exceeds 530 trillion won.
He said, “The size of the Korean market is never small, and we will continue to invest.”
However, Chairman Kim Bum-seok mentioned that he has long-term greed for K-Commerce exports. He emphasized that investors are evaluating Coupang’s unique systems, such as rocket delivery, early morning delivery, and fresh delivery, as unique and innovative.
Chairman Kim emphasized, “If customers are impressed by Coupang’s K-commerce, they are eager to export to other markets, but for the time being, there are many things to do for the home market and customers,” he said.
Coupang plans to expand investment to secure competitiveness through this large-scale financing. In addition, it will continue to invest in customer innovation, job creation, local economy activation, and logistics infrastructure construction system.