SoftBank doubles down on Korean online retailer Coupang with $2 bln investment
19 Nov SoftBank doubles down on Korean online retailer Coupang with $2 bln investment
Posted at 13:52h
in
News
by KMFSLLP
SoftBank Group Corp’s
Vision Fund is investing $2 billion in South Korea’s top
e-commerce firm Coupang, the retailer said on Tuesday, as the
loss-making startup girds for battle against rivals backed by
the country’s cash-rich chaebol.
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