The New Paper

March 12, 2021

Coupang goes public

South Korean e-commerce company Coupang went public yesterday, with shares increasing by 40% on the first day of trading (giving the company an $85B market cap). The IPO was the largest in the US since Uber’s in 2019.
This story is from the March 12, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.