Quantity, offer price, etc. undecided Listed on CPNG stock on New York Stock Exchange
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Coupang has started the procedure for public offering.
Coupang announced on the 12th (local time) that it has submitted a report to the Securities and Exchange Commission (SEC) in accordance with the S-1 form for listing of Class A common stock (hereinafter referred to as common stock).
However, the number of common shares to be listed and the range of the offering price have not been determined.
Coupang plans to list common stock on the New York Stock Exchange (NYSE) under the CPNG ticker code.
Meanwhile, Coupang, one of Asia’s largest e-commerce (e-commerce) companies, has offices in Seoul, Silicon Valley, Seattle, Los Angeles (LA), Beijing, Shanghai, and Singapore since its founding in 2010.
The mission is to innovatively improve consumers’ lives until consumers are asked,’How would I have lived without coupang?’
Coupang is rapidly delivering daily necessities and industrial products as well as fresh foods where freshness is important to consumers through early morning delivery and same-day delivery.
It is introducing various services such as food delivery service’Coupang Itz’ and real-time video streaming service’Coupang Play’.
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