Home » Business » Hong Nam-ki “Coupang, a feat of unicorn companies… strengthening support for venture overseas expansion”

Hong Nam-ki “Coupang, a feat of unicorn companies… strengthening support for venture overseas expansion”

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Deputy Prime Minister Hong Nam-ki

[연합뉴스 자료사진]

(Sejong = Yonhap News) Reporter Chae Yeon = Deputy Prime Minister Hong Nam-ki and Minister of Strategy and Finance welcomed Coupang’s promotion of a plan to list the US stock market as “a feat of a Korean unicorn company.”

Deputy Prime Minister Hong introduced the Coupang listing plan and major foreign media evaluations through a Facebook post on the day, saying, “The growth potential of Korea’s unicorn company and non-face-to-face industry is recognized internationally.”

“With this promotion of Coupang’s listing on the U.S. stock market, we will once again reflect on the importance of revitalizing venture investment. I will do my best for it.”

“There are numerous companies with global competitiveness in Korea,” he said. “If you turn your view beyond the domestic market to the global market, endless opportunities can be opened. In particular, the expansion of the non-face-to-face industry after the novel coronavirus infection (Corona 19) will It will be an opportunity to break down the border barriers.

Deputy Prime Minister Hong said, “The government will continue to strengthen support for expanding overseas expansion so that not only large corporations, but also competitive small and medium-sized venture companies can explore new markets overseas.”

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