You Searched For "Coupang" and got 20 results
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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
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
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
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
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
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
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
Stanley Druckenmiller slashed his Nvidia stake by 72% last quarter as the stock nearly doubled
Druckenmiller's biggest trade last quarter was a $664 million bet on small cap stocks via call opti…
Matthew Fox
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
2 mins read
Stock market news today: Futures whipsaw as Wall Street waits for key economic data
S&P 500, Nasdaq, and Dow futures went from red to green on Tuesday as investors waited for fresh GD…
Theron Mohamed
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
2 mins read
South Koreans are dealing with burnout and loneliness by getting pet rocks
Millennials in South Korea are using pet rocks to help with feelings of burnout and isolation. The …
Mikhaila Friel
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
1 min read
SoftBank would cut startup funding by half this year as losses cross $13 billion
Japanese investment giant SoftBank on Thursday reported a huge net loss of 1.708 trillion yen ($13.…
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
Billionaire investor Stanley Druckenmiller dumped Facebook parent Meta before its one-day $230 billion wipeout — and took stakes in Snap and Chevron
Druckenmiller's biggest acquisition in the last quarter was a near-$100 million position in oil maj…
Shalini Nagarajan
2 mins read
Reddit confidentially files to go public after explosive growth fueled by meme stock chatter
Founded in 2005 by Steve Huffman and entrepreneur Alexis Ohanian, Reddit was valued at $10 billion …
Shalini Nagarajan,Reuters
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…
Shalini Nagarajan
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,…