Coupang, South Korea’s Amazon, raises $4.6 billion in American IPO

Coupang — a South Korean e-commerce giant that has been likened to Amazon — raised nearly $4.6 billion in the US’ largest initial public offering so far this year. The Seoul-based startup said it sold 130 million shares at $35 apiece in the IPO, giving it a market value of $60 billion ahead of its...

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