This article was published on March 25, 2021 at 16:54 The Bell Paid PageThis is the article expressed in the article.
Market Curly collaborates with Goldman Sachs, JP Morgan, and Morgan Stanley to list on the US stock market. A large number of foreign IBs, who led Coupang’s listing on the NASDAQ, were listed in the main division.
According to the securities industry on the 25th, Market Curly recently selected Goldman Sachs, Morgan Stanley, and JP Morgan as the listed representative organizers. Last week, three IBs were finally confirmed as listed partners in about a week after holding presentations (PT) for multiple securities companies.
Market Kurly and the governing division will hold a kickoff meeting in the near future to discuss strategies for entering the US stock market. It is also expected to adjust the approximate work schedule including due diligence.
An industry official said, “As we have confirmed the supervising division, we will begin to establish a strategy to target local investors.”
Market Curly is an e-commerce company founded in December 2014 by CEO Seul-ah Kim. With differentiated fresh food delivery at the fore, it is continuing to expand its appearance as much as that of a large online shopping mall. In recent years, it is increasing investments to upgrade logistics services.
Coupang and Coupang, which have recently been evaluated for a market capitalization of 90 trillion won by NASDAQ, have a common denominator that e-commerce is the main business. The market talked about this and raised the observation that the IB, which was involved in the listing of Coupang, is likely to be included in the market-curly division.
Goldman Sachs and JP Morgan participated as coupang’s listing organizers. Through a strategy to highlight Coupang as the second Amazon, it has achieved the achievement of bringing out the corporate value of tens of trillion won.
Goldman Sachs and Morgan Stanley are also where Market Curley executives built their past careers. CEO Seul-ah Kim served at Goldman Sachs before starting Market Curly. Morgan Stanley is the former employee of Kim Jong-hoon, Chief Financial Officer of Market Curley.
In the industry, Market Curly is expected to speed up the IPO process with the aim of entering the US stock market within this year. In an interview with the Wall Street Journal (WSJ) on the 12th, Kim said, “We are discussing with financial people to get listed on the US stock market this year.”
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