• Coupang, South Korean E-Commerce Start-up, Raises $2 Billion From SoftBank

    25 days ago - By NY Times

    The investment is a bet by the Japanese conglomerate that Coupang will conquer the fast-growing South Korean market.
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  • Korean e-commerce firm Coupang raises $2 billion from SoftBank's Vision Fund

    Korean e-commerce firm Coupang raises $2 billion from SoftBank's Vision Fund

    25 days ago - By Tech Crunch

    Just days after a CIA report concluded that Saudi Crown Prince Mohammed bin Salman ordered the murder of journalist Jamal Khashoggi, SoftBank's Vision Fund - the gargantuan investment vehicle anchored by a $45 billion investment from Saudi Arabia's PIF sovereign fund - is back in check-writing action.
    Coupang, Korea's largest e-commerce firm, revealed today that it has raised $2 billion from the Vision Fund. The investment comes weeks after SoftBank's stake in Coupang was transferred over the Vision Fund, as the firm has done with a number of its investment.
    No valuation was announced, but...
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