[앵커]
Coupang, the largest online shopping company in Korea, is preparing to be listed on the New York Stock Exchange. US financiers have also predicted that Coupang’s corporate value will reach up to 55 trillion won. As Coupang prepared for listing on the US market, the company’s performance was also revealed. Although sales nearly doubled due to Corona 19, it was still in the red.
This is Seo Jun-seok reporter.
[기자]
Coupang has filed a listing report to the US Securities and Exchange Commission.
It was initially reported to be listed on the NASDAQ, but it changed its direction to the New York Stock Exchange.
The outlook for Coupang in the US market is favorable.
The Wall Street Journal predicts that Coupang’s corporate value will exceed 55 trillion won.
It was also said that the largest foreign company listed on the New York market since’Alibaba’, China’s largest online shopping company in 2014.
The company’s hidden results were also revealed when Coupang was listed on the US market.
As delivery orders increased due to Corona 19, sales increased about 13,250 billion won last year, nearly doubled compared to a year ago.
However, it was still a deficit of over 520 billion won.
If Coupang’s listing on the U.S. market proceeds as scheduled, it can go public in March.
According to the Wall Street Journal’s observations, SoftBank of Chairman Son Jeong-eui, which holds a 38% stake in Coupang, can recover 7 times the investment. Our money is about 21 trillion won.
Coupang said that if the listing is successful, it will distribute 100 billion won worth of stock to field employees.
Meanwhile, Coupang founder Kim Bum-seok, chairman of the board of directors, received a remuneration of KRW 15.8 billion, including a stop option last year.
(Video Design: Park Seong-Hyun, Lee Jeong-Hui)
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