[김대호의 경제읽기] ‘No. 1 Unicorn’ Coupang goes to the US stock market… What is the future outlook?
Coupang officially announced its listing on the New York Stock Exchange.
From the background of choosing to be listed in the U.S., to the future vision, let’s go over the contents.
In the’battery dispute’ between SK and LG, which lasted for more than two years, the US International Trade Commission helped LG.
Let’s see what scenarios remain from the possibility of consensus.
Let’s look at more details in Daeho Kim’s Economic Reading, Dr. Daeho Kim came out again today.
Coupang, which started as social commerce in 2010 and has grown rockets, is attracting attention by choosing to be listed on the New York Stock Exchange. What is the background of promoting listing on the New York Stock Exchange in the US, not on the domestic stock market or the Nasdaq we have been talking about? What’s the difference between the NASDAQ and the New York Stock Exchange?
Differential voting rights are attracting attention as the biggest reason Coupang chose to list on the New York Stock Exchange instead of the domestic stock market. Specifically, what is’differential voting rights’, so did you make this choice?
Coupang, suffering from a deficit of 10,000 years, plans to raise more than 1 trillion won through this listing. How and where do you plan to use the funds in the future? I am curious about what will happen to our distribution industry after this listing?
In foreign media, Softbank is cited as the biggest beneficiary of the Coupang listing. Chairman Son Jeong-eui’s Softbank invested about 3.3 trillion won twice in 2015 and 2018. How much profit did you get from the listing of Coupang?
Meanwhile, Deputy Prime Minister Hong Nam-ki and Minister of Strategy and Finance also expressed a welcome voice for Coupang’s promotion of listing on the US stock market, saying, “The growth potential of a Korean unicorn company has been recognized internationally.” What is the current status of unicorn companies in Korea?
After the US International Trade Commission’s ITC made a final decision acknowledging LG’s claims in the battery dispute that has been drawn for nearly two years, attention is being focused on future procedures. Throughout the Lunar New Year holidays, the two companies exchanged battles on settlement funds. Is there no possibility of early agreement?
The battery war between SK and LG is also spreading to the US politics. SK Innovation is hoping to exercise the veto power of US President Joe Biden, but did Governor Brian Kemp of Georgia in the United States demand that President Biden exercise the veto in a statement? Which variable will it be?
Yonhap News TV article inquiries and reports: katok/line jebo23
(End)