You Searched For "Coupang" and got 19 results
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2 mins read
South Korean e-commerce giant Coupang jumps 84% in public trading debut after raising $4.6 billion in IPO
South Korean e-commerce giant Coupang posted revenues of $11.97 billion in 2020. The company's IPO …
Will Daniel
2 mins read
An early lockup expiration will release 34 million shares of Coupang on March 18
An early lockup expiration is set to release 34 million shares or about 4.8% of Coupang's public fl…
Will Daniel
2 mins read
Billionaire investors Bill Ackman and Stanley Druckenmiller invested in Coupang years before its $4.6 billion IPO this week
Ackman introduced Coupang founder Bom Kim to another of his key early backers, Founders Collective …
Theron Mohamed
4 mins read
South Korean e-commerce giant Coupang just had a record-breaking IPO, but its delivery workers keep dying
The 43-year-old man was the second Coupang courier to die this month. This comes as the South Korea…
Cheryl Teh
1 min read
Billionaire investor Bill Ackman is giving 26.5 million shares of Coupang to the Pershing Square Foundation and another non-profit
Billionaire hedge fund manager Bill Ackman is giving away 26.5 million shares of Coupang, worth $1.…
Will Daniel
5 mins read
How 'the Amazon of South Korea' pivoted to dominate the country's online-shopping scene in just 4 years
Amazon does not have domestic operations in South Korea or in the vast majority of Asian countries,…
Dennis Green
2 mins read
South Korea is home to a hot startup scene that's likened to Silicon Valley, but some people say it's still mired in the abusive workplace cultures of old
South Korea's tech startups are not turning out to be the promised land of flat hierarchies and wor…
Matthew Loh
2 mins read
Bill Ackman wrote 1,600 words on X about how he's definitely not resentful towards Harvard
According to a New York Times article published on Tuesday, Ackman has had "years of resentment" ag…
Kai Xiang Teo
1 min read
Billionaire investor Stanley Druckenmiller loaded up on Palantir, added bank stocks, and sold Carnival Cruise Line in the 1st quarter of 2021
Druckenmiller's Duquesne Family Office started a $139 million position in Palantir during the first…
Emily Graffeo
5 mins read
Delivery worker's death at South Korea's Coupang highlights the growing risk for labor workers at US e-commerce companies like Amazon as demand spikes amid COVID-19 crisis
The report said the 47-year old man was a contractor working 10-hour overnight shifts that ended at…
Eugene Kim
2 mins read
Exhaustion, punishing hours, and few job protections have led to the deaths of 17 delivery workers in South Korea
Over the weekend, a courier was found dead in a rented room after a grueling late-night shift. He w…
Cheryl Teh
2 mins read
The US IPO market just had its busiest quarter in over 20 years - but newly public stocks are underperforming, a Renaissance Capital report finds
102 companies went public in the first quarter of 2021. But the stock prices of a number of newly l…
Emily Graffeo
3 mins read
Here are the top power moves of the week: Facebook, Tesla and Y Combinator
Y Combinator announced that Sam Altman would be stepping down as president of the Silicon Valley ba…
Christian Wylonis, The Org
16 mins read
The CEO of 'the Amazon of South Korea' explains how canceling an IPO at the last minute and pivoting the company twice led it to become the country's top online retailer
Because we weren't, fundamentally, making the experience better. We were just really good at follow…
Dennis Green
1 min read
South Korea reports 58 new virus cases
Health authorities on Thursday said they found at least 82 infections linked to workers at a wareho…
PTI
1 min read
South Korea reports 27 new coronavirus cases
On Saturday, KCDC senior official Kwon Jun-wook said at least 108 infections were linked to workers…
PTI
1 min read
S Korea has another 39 cases linked to warehouse
Health workers have also found at least 266 infections linked to nightclubs and other entertainment…
PTI
2 mins read
Harvard missed out on $75 million of potential gains after selling donated stock, Bill Ackman claims
Bill Ackman rejected the narrative that his crusade against Harvard in the wake of the Israel-Hamas…
Erin Snodgrass
1 min read
China's Didi Chuxing is eyeing a mega-IPO next quarter that values the ride-hailing service above $62 billion, report says
Didi is targeting an IPO as early as this summer at a valuation above the $62 billion it secured in…