News was announced that Coupang had passed the preliminary examination for listing on the NASDAQ.
According to related industries on the 11th, Coupang was approved for preliminary examination for listing on the NASDAQ through Goldman Sachs. Coupang’s enterprise value is estimated to be about 30 billion dollars (about 33 trillion won). The industry expects to be listed as early as March.
On the 7th (local time), Bloomberg News also reported that Coupang, one of the firms invested by Japan’s Softbank, is preparing for an IPO this year. Coupang said that SoftBank Vision Fund has invested US$2.7 billion (about 3 trillion won) and is already targeting listing on the US stock market several times.
In this regard, a Coupang official said, “The specific timing or method has not been decided,” and “I plan to promote an IPO when the appropriate time comes,” he said.
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