149 days ago • Posted by William Ramstein

Korean firm Coupang expects large US IPO

Coupang is South Korea's e-commerce giant. It is on track to be the largest Korean IPO in over a decade. The company's IPO is pricing in at 4.3 times its price-to-sales ratio. Coupang seeks to raise $3.6 billion and could garner a value of more than $50 billion. Source: Bloomberg