Coupang’s’splendid debut’ in the US stock market exceeds 100 trillion won

[이데일리TV 이혜라 기자] On the 11th (local time) when Coupang started its first trade on the New York Stock Exchange (NYSE), the market ended with a 40.7% increase from the public offering price.

According to CNBC, on the first day of listing, Coupang started trading at $63.5, an 81.4% increase from $35. Although the increase was reduced in the latter half of the market, it ended at $49.25, an increase of about 41% compared to the public offering price. Based on the closing price, Coupang’s market capitalization is 108.9 billion dollars (about 122.3 trillion won).

It is reported that Coupang has raised $4.55 billion (about 5.6 trillion won) in this IPO. This is the largest in the New York Stock Exchange since the IPO of Uber Technologies, a vehicle-related sharing economy platform company in 2019. Since Alibaba, it has become the largest foreign company listed in the United States.

On the 12th, E-Daily TV’s Big Money Part 1’News in Issue’ reviewed the implications and investment methods for Coupang’s entry into the New York Stock Exchange.

Coupang enters NYSE… Focus on the first day of listing?

-Over 40% of the public offering price soared… Market capitalization of 100 trillion won’surprise box office’

-Pay attention to’IPO box office’ between Alibaba and Uber

Coupang’s splendid debut, what is the implication?

-Defend K-commerce and prepare opportunities to expand overseas markets

-Proof of potential and possibility of domestic startups

-Problems to be solved, such as labor and mischief issues, for corporate sustainability

Chairman of the board of directors Kim Bum-seok holds a meeting with the US correspondent?

-“For the time being dedicated to Korea… The only place that couldn’t take control of Amazon and Alibaba”

-“Aggressive investment… Expansion of innovative services and logistics centers and job creation”

-“M&A, look more cultural than business”

How can domestic investors invest in Coupang?

-Coupang’Direct Investment’ listed on the New York Exchange

-The fruit of Son Jung’s investment… Tokyo stock market’Softbank Group’ investment

-Coupang-related stocks listed in Korea

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