By Kim Jae-heunShinsegae Group's e-commerce firm SSG.com has recently acquired the leading womenswear fashion platform W Concept to beef up its online fashion business. However, considering that many e-commerce firms including Amazon are struggling to expand their fashion businesses for various reasons, SSG.com does not look it will achieve anything much different from that of its rivals.
Korea TimesThe Korea Herald is publishing a series of interviews with executives of South Korea's leading corporations on their response to environmental, social and corporate governance, or ESG, issues, which have become central factors globally in measuring the sustainability of an investment or business decision. -- Ed.
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By Kim Jae-heunSoftBank Chairman Masayoshi Son is thinking of introducing Coupang's overnight delivery system in Japan through his e-commerce firm Yahoo Japan. During an interview with a Japanese television news program on Monday, Son said he is in talks with Yahoo Japan to review the possibility of introducing Coupang's overnight delivery system there.
Korea TimesThe e-commerce industry has been a hot starting point for investors seeking explosive growth in recent years, and no company in the space has been a bigger winner than Shopify. The company has also delivered incredible returns for shareholders, with its stock rising roughly 4,000% over the last five years.
Due to the dramatic rise and integration of e-commerce, it's no surprise that many companies have set their crosshairs on Amazon (NASDAQ:). Despite multiple attempts at its dethroning, Amazon remains the benchmark of dominance and consistency. In that context, online retailer Coupang (NYSE:) seems doomed to be another face in the crowd.
InvestorPlaceBy Ruchi Gupta Apr. 2 2021, Published 9:32 a.m. ET Coupang (CPNG) stock shot up more than 40 percent on its IPO debut on March 11. Since then, it has retreated sharply from the peak and now trades close to its all-time low. What is CPNG's stock forecast and where could it be in 2025?
When South Korean online shopping company Coupang listed in New York last month, jumping to a valuation of $80bn, it was also a huge win for a little-known but fast-rising Silicon Valley venture capital firm.
It was an explosive time for initial public offerings in the first quarter, the busiest since 2000. And, if SPACs are added in, the IPO market was downright ballistic. Renaissance Capital says there were 100 IPOs in the first quarter that raised $39.2 billion.
Investor's Business DailyIf you listen to the mainstream financial media, you might get the impression that Coupang (NYSE:) is basically just the South Korean equivalent of America's Amazon (NASDAQ:). And with that, you might be tempted to jump in quickly and scoop up shares of CPNG stock.
InvestorPlaceOn the heels of e-commerce platform Coupang's listing on the New York Stock Exchange last month, which saw a valuation of over $100 billion, retail investors are seeking out similar opportunities with emerging companies on their way to market debuts.
South Korea's pharmaceutical and biopharma companies are ramping up efforts to get listed on the Nasdaq market, hoping to follow in the footsteps of Korean e-commerce giant Coupang with their US market debut. According to industry sources Thursday, CoImmune, a joint venture between SCM LifeScience and Genexine, is preparing for an initial public offering on the tech-heavy Nasdaq Composite.
102 companies went public in the first three months of 2021 in the busiest quarter for IPOs in over 20 years. But an index that tracks newly public companies is underperforming the S&P 500 for the quarter. While some major IPOs like Bumble and Coupang have soared in price, other companies have disappointed.
Markets InsiderJapan's Kioxia Holdings Corp. is focused on pursuing an initial public offering as soon as this summer, rather than engaging with potential foreign acquirers and navigating foreign regulatory approvals, according to four people familiar with the matter. The maker of memory chips sees an IPO as the most promising route to realizing value for shareholders, including Toshiba Corp.
The Japan TimesPinterest Stock - Coupang Inc. (CPNG): Worthy Of A Pin, Yet It Could Be Better The share price of Coupang Inc. ( NYSE:CPNG) raised 5.96% to close Tuesday's market session at $48.75, higher as compared to yesterday's close.
Fintech ZoomTOKYO (REUTERS) - SoftBank Group chief executive Masayoshi Son said on Monday (March 29) the conglomerate is considering bringing services from South Korean e-commerce firm Coupang to Japan. SoftBank-backed Coupang raised about US$4.6 billion (S$6.2 billion) earlier this month in the biggest US initial public offering this year, after it made a splash in South Korea with its "Rocket Delivery" service promising delivery within 24 hours.
The Straits TimesSoftBank Group's Chief Executive Officer, Masayoshi Son, has recently announced plans to bring the services of Coupang, a South Korean e-Commerce firm, to Japan. Earlier in March 2021, SoftBank-backed Coupang had secured investment of nearly $4.6 billion in the initial public offering, following the launch of its 'Rocket Delivery' service, which promises delivery in 24 hours.
News.MarketSizeForecasters.comSouth-Korean eCommerce company Coupang (NYSE:) went public on March 11, raising $4.6 billion in its initial public offering (IPO). Dubbed, "The Amazon of South Korea" CPNG stock will open this morning at around $43.50. Due to the pandemic-induced tailwinds, its revenues rose more than 90% from 2019 to roughly $12 billion.
Investorplace.comTOKYO (Reuters) - SoftBank Group Corp CEO Masayoshi Son said on Monday the conglomerate's domestic internet business Z Holdings is in talks with South Korean e-commerce firm Coupang about bringing its services to Japan. (Reporting by Sam Nussey; editing by David Evans)
KFGO NewsAn executive in charge of software at Samsung Electronics' network division has recently submitted his resignation to the company to transfer to Coupang. The executive previously worked in the company's wireless business division. He was promoted to an executive in 2017 and took part in the deve
BusinessKoreaFast-growing e-commerce company Coupang threatens Korea's conventional retail giants. Coupang has already overtaken Lotte and Shinsegae in terms of staff numbers and is hot on their tails in terms of sales. And while Coupang bulks up, conventional retailers are downsizing to survive.
