Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Source: Michael Vi / Shutterstock.com Coupang is seeking to raise up to $3.6 billion in its IPO and could garner a value of more than $50 billion. The Seoul-based startup said it sold 130 million shares at $35 apiece in the IPO, giving it a market value of $60 billion ahead of its Thursday debut on the New York Stock Exchange. According to a report from Reuters, the company posted revenues of 7.2 trillion won in the first quarter, up by 64% on a year-over-year basis. Uber, which raised $8.1 billion in its 2019 IPO, has a market value of $110 billion. Keep in mind that — over the past few years — various top firms have agreed to invest in Coupang stock, which is valued at a hefty $9 billion. "We would have liked Coupang to list in Korea," said Kim Sung-gon, a spokesperson at Korea Stock Exchange. Coupang was the top-ranked South Korean e-commerce firm in 2020 with 19.2% market share, according to Euromonitor, compared to Naver Corp's 13.6% and eBay (NASDAQ: EBAY) Korea's 12.8%. Article printed from InvestorPlace Media, https://investorplace.com/2020/09/invest-in-coupang-stock-ecommerce-next-amzon/. Coupang is set to make its Wall Street debut on the New York Stock Exchange on Thursday after the South Korean e-commerce company priced its 130 million share IPO at $35 per share. He battle-tested his investment philosophy and strategies as portfolio manager of Tier 1, a market-crushing Motley Fool real-money portfolio that delivered 24.58% annualized returns during its existence. Investors jumped at the chance to buy Coupang's shares upon their stock-market debut. Returns as of 03/12/2021. 4) Economic downturns In other words, the current environment is probably as good as its gets for a Coupang offering. At the time, he dropped out of the Harvard University MBA program because he saw a massive opportunity in the country. And Coupang is the clear leader in the country, beating out operators like Gmarket and 11Street. Mr Kim, Coupang's 42-year-old founder, will end up with 76.7 per cent of the company's voting rights with just 10.2 per cent of its outstanding shares. Image source: Getty Images. However, South Korea has done a good job of containing the virus. At the upper end of the proposed IPO price, Coupang's market value may amount to $50b. Company profile page for Coupang Corp including stock price, company news, press releases, executives, board members, and contact information Despite what individual companies may promise, there’s always the chance of losing a portion, or the entirety, of your investment. Coupang, a SoftBank-backed start-up, is crushing Amazon to become South Korea's biggest online retailer Founded in 2010, Coupang has become the biggest online retailer in South Korea with its cheap, fast delivery. All in all, the moves have paid off. In an interview with CNBC, Kim noted that “I had a belief when I was in grad school that I had a very short window to really make something that had an impact.”. At the upper end of that range, Coupang will raise as much as $3.6 billion. Coupang’s recent growth has been impressive. Currently there are more than 5,000 drivers who can deliver nearly all orders within less than 24 hours. Investing through equity and real estate crowdfunding or asset tokenization requires a high degree of risk tolerance. Now, Joe’s mission is to pass on what he’s learned -- and what he continues to learn -- as a contributing writer to Fool.com. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Every day it delivers 3.3 million items and roughly half of the population of South Korea has downloaded the mobile app. This involved heavy investments in building an extensive infrastructure distribution system. However, it was founded in 2010 by Bom Kim. Today, Coupang went public on the New York Stock Exchange, raising $4.6 billion in the biggest U.S. IPO of the year (so far). Coupang has certainly benefited from the boom in private investing in high-growth startups. "But we respect the company's choice." The firm is a leading provider of e-commerce products and delivery logistics in South Korea. Tom Taulli (@ttaulli) is an advisor/board member for startups and author of various books and online courses about technology, including Artificial Intelligence Basics, The Robotic Process Automation Handbook and Learn Python Super Fast. And finally, as seen with the strong performance of companies like JD.com (NASDAQ:JD), Amazon and Shopify (NYSE:SHOP), there is strong demand for e-commerce plays. In a regulatory filing on Monday, Coupang said it would price its offering between $27 and $30 a share. Go to WING > Manage Products > Product Notifications and check the [Out-of-Stock] and [Almost Out-of-Stock] tabs. Coupang founder and CEO Bom Suk Kim will hold all Class B shares of CPNG stock and have 76.7% of the voting power after the IPO. Remember Groupon (NASDAQ:GRPN)? It was similar to eBay (NASDAQ:EBAY) or Alibaba (NYSE:BABA). However, the biggest shareholder is SoftBank (OTCMKTS:SFTBY) and its Vision Fund. Coupang is growing into one of the largest and fastest-growing e-commerce opportunities in the world. The IPO market is red-hot and a myriad of other high-profile tech companies have filed, like Palantir and Airbnb. He is also the founder of WebIPO, which was one of the first platforms for public offerings during the 1990s. Coupang's CEO Kim Bom is known to be currently in New York for an investment relations tour, seeking to raise the size of investment. Yes, he would look to the Amazon (NASDAQ:AMZN) playbook. As a private company, Coupang does not have to provide information related to its stock price and funding rounds. Nasdaq Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Coupang Stock Soared Today @themotleyfool #stocks $CPNG $AMZN, Copyright, Trademark and Patent Information. Promoted the first Korean company to be listed directly on the New York Exchange IPO next month… Stock quantity-public offering price undecided Coupang, the number one e-commerce company in Korea, is the first Korean company to list directly on the New York Stock Exchange. So might there be an IPO? Well, he certainly did not waste his time. What Is the CPNG Price Range? Price to Book Value-- Other: Beta (5Y) Upgrade: Debt to Equity Ratio ... Coupang's stock soars above pricing of upsized IPO, boosting market cap to just below $100 billion. Competition is intensifying in South Korea's e-commerce industry, as more retailers are ramping up their online offerings. 3) Lack of liquidity Shoppers can place orders for millions of items as late as midnight and receive them before 7 a.m.

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