11th (local time) 9:30 a.m.
Chairman Kim Bum-seok directly rings the opening bell
Taegeukgi in front of the New York Stock Exchange
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Coupang entered in splendidly by ringing the’opening bell’ announcing the opening of the New York Stock Exchange (NYPE). NYSE is the world’s largest stock exchange and is also called’Big Board’.
At 9:30 a.m. local time on the 11th in the U.S. (11:30 p.m. KST), Coupang Chairman Kim Bum-seok, CEO Kang Seung and Park Dae-joon, and CFO Gerab Anand Coupang, etc., attended the opening bell of the New York Stock Exchange Showed up. All were wearing masks in the aftermath of the novel coronavirus infection (Corona 19).
Chairman Kim directly announced the listing of Coupang by pressing the bell announcing the opening of the exchange, and the officials who attended together clapped and cheered. In particular, on the large screen behind them, screens of coupang delivery staff, open market sellers, customers, and others watching the scene online were also displayed.
In addition to Yurok Kang, a customer who applied for the story of rocket fresh ordering hometown food for’My Coupang Story’ held at the end of last year, Dan-ah Kim, the 10,000th Coupang friend (delivery employee), and Betz entered the Coupang Marketplace. Nine people, including CEO Irami of Recipe (a companion animal nutrition brand), congratulated Coupang’s listing on the New York Stock Exchange on an online screen.
Earlier, it was reported that CEO Kang Seung sent an invitation to Coupang employees with a link to a webcast and a password to access other types of events commemorating the NYSE listing live online.
An official from Coupang said, “I am happy to be named’Coupang’ on Wall Street, the center of global finance.”
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Coupang starts trading by listing on the New York Stock Exchange under the ticker code’CPNG’. The public offering price was set at $35, which is higher than the originally hoped price of $32-34. Through this IPO, Coupang will raise $4.55 billion (about 5.7 trillion won).
As it is the largest listed since Alibaba in 2014 and the fourth-largest Asian company listed on the US stock market, it is known that it is showing high interest in the local area as well.
On the other hand, ahead of Coupang’s listing on the day, a large banner to announce Coupang’s listing and a national flag was hoisted on the New York Stock Exchange building on Wall Street in New York, USA.
/ Reporter Baek Ju-won [email protected]
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