Wondering if anyone has info on how things inside coupang are actually going. The recruiter said they plan to go public in 2020 with a stock price of $60-$80. Seems like bs they would give a price target. So was wondering if any current or former employees have insights from the inside they can share
Seems like recruiter will get the money now and you will get in 2020.
Every company in the valley will always keep going public in 18-24 months, forever. Lol. Take most of what recuiters say with a grain of salt.
Definitely agree
Not true
Wouldn’t you have to move to Korea? A person on my team left a few mo ago to join them.
They have Seattle and San Fran satellite offices
Target ipo is closer to 15-20$
We are trying to go public in a couple of years but do not know when exactly. Same thing for target price. That is very optimistic number I would say.
any new on IPO now? I heard it’s 2021
Flipkart in India at 3BB revenue and almost 1BB in loss was valued at 20BB when Walmart acquired 80% for 16B. That’s 6X. Coupang is in a bigger market (SK market is on pace to be 100B, third largest behind US and China). Guessing the same 6X puts Coupang at 25B this year and at 2.5B outstanding, $10. The ad business alone is poised to be worth $500M in a couple of years along with rumored payments service. Guessing 30-40 would be a good range. The large number of outstanding kills the max though.
I recently joined coupang, and the information collected from the Internet now indicates that it will conduct an IPO in 2021?
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They aim 2020 for ipo. $60-80? Meh.