CNBC interview for listing on the New York Stock Exchange… Opening bell event map
On the 11th (local time), Chairman of the Board of Directors Kim Bum-seok said, “Koreans’ creativity has created a’miracle of the Han River.
“It’s so exciting that we are a small part of this incredible story.”
Chairman Kim interviewed CNBC Broadcasting in time for listing on the New York Stock Exchange (NYSE) on the same day and said, “It is the largest foreign company IPO since Alibaba. This is evidence of Korea’s success story.”
At the end of the interview, he emphasized, “In 1960, Korea was one of the poorest countries in the world, with a gross domestic product (GDP) of only $79 per capita, but today it has become the world’s 10th largest economy.”
Regarding the listing on the New York Stock Exchange on this day, he said, “We stand here because we have not paid attention to our long-term strategy of creating true value for our customers and shareholders.” “It will be.”
When asked where to use the capital raised through the IPO, Chairman Kim said, “We will continue to invest in innovations such as early morning delivery. We will continue to invest in Korea’s local economy to create good jobs and continue to invest in technology. “I replied.
When asked if Coupang’s’rocket delivery’ service is possible in other countries other than Korea, where the population density is high, he said, “We have expanded this to not only areas with high population density, but also nationwide including rural areas.
Regarding the competition with other companies such as Amazon’s entry into Korea, he said, “Korea is a big market of 530 billion dollars,” and he said, “Many great companies are serving with us, but we are a unique company in terms of investment in technology, etc.” did.
Chairman Kim attended an event designed to celebrate the listing of Coupang at NYSE this morning and rang the opening bell to announce the opening.
The event was attended by Coupang CEO Kang Seung and Park Dae-jun, and Gerab Anand Coupang Chief Financial Officer (CFO).
Coupang customers, delivery staff, and open market sellers also participated in the opening bell event through an online screen, the company said.
A banner and Taegeukgi were also hung on the front of the New York Stock Exchange to celebrate the listing of Coupang.
/yunhap news
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