SoftBank's Vision Fund sold 57 mln Coupang shares for $1.69 bln

Reuters2021-09-17

TOKYO, Sept 17 (Reuters) - SoftBank Group's(9984.T)Vision Fund sold 57 million shares in South Korean e-retailer Coupang Inc(788.F)for about $1.69 billion, according to a U.S. regulatory filing.

Vision Fund sold 57 million Coupang shares at $29.685 each, and holds 568.2 million shares of the e-commerce firm following the sale,the filing showed.

Coupang declined to comment.

In August, Vision Fund posted a first-quarter profit of 236 billion yen ($2.15 billion).

($1 = 109.8800 yen)

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精彩评论

  • chaicka
    2021-09-17
    chaicka
    Coupang has a lot to prove it’s capable to manage operations. And with share options for all its employees, that means many (of lower educated) likelihood have panic dumped when they saw the stock dipped so much.
  • nctony
    2021-09-17
    nctony
    $29.60 should be a strong support[财迷] 
  • Zozo11
    2021-09-17
    Zozo11
    Gg coupang… 😢
  • MorphyInc
    2021-09-17
    MorphyInc
    Damn! $Coupang, Inc.(CPNG)$
  • Mama123
    2021-09-17
    Mama123
    Like and comment please
  • KFFun
    2021-09-17
    KFFun
    Ok
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