Coupang Looks To Raise Up To $3.6 Billion By Going Public

Coupang Inc. is looking to bring in up to $3.6 billion in investment funds by going public in New York. The online shopping firm intends to list on the New York Stock Exchange with the ticker symbol of CPNG, Bloomberg reported. South Korea-based Coupang and some of its current investors are offering 120 million shares priced at between $27 and $30 apiece. The company would be valued at up to $51 billion based on the count of outstanding stock at the high end of the spectrum.
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