COUPANG, INC.
General Information | |
Business: | (Note: SoftBank is an investor in Coupang.) Our Mission: To create a world where customers wonder: “How did I ever live without Coupang?” We are building the next-generation experience for e-commerce. We believe that by investing for the long term in technology and infrastructure with a fanatical culture of customer centricity, we are delivering a superior customer experience at a lower cost and are continuing to redefine standards for e-commerce worldwide. We reimagined the e-commerce experience with our Rocket Delivery service:
•Dawn and Same-Day Delivery. Millions of items every day—including fresh groceries—are delivered within hours via Dawn Delivery (ordered as late as midnight, arrive before 7am) or Same-Day Delivery (ordered in the morning, arrive same-day).
•Next-Day or Faster Delivery for Nearly 100% of Orders. Customers are eligible for free, one-day delivery nationwide 365 days a year—even the day before gift-giving holidays like Christmas or Korean Thanksgiving. We have the fastest delivery service compared to other top product e-commerce players in Korea.
•Last Order by Midnight. Customers are promised free, next-day delivery for orders placed any time of day—even seconds before midnight.
•Vast Selection of Millions of Items, Including Fresh Groceries. Customers can order from a selection of millions of items across almost every category of goods—from tomatoes to TVs—for next-day delivery.
(Note: Revenue and net loss figures are for 2020.)
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Industry: | Retail - Internet & Mobile - Goods and Services |
Employees: | 50000 |
Founded: | 2010 |
Contact Information | |
Address | Tower 730, 570, Songpa-daero, Songpa-gu, Seoul Republic of Korea 05510 |
Phone Number | +82 (2) 6150-5422 |
Web Address | |
View Prospectus: | COUPANG, INC. |
Financial Information | |
Market Cap | $48641.24mil |
Revenues | $1197.0 mil (last 12 months) |
Net Income | $-474.9 mil (last 12 months) |
IPO Profile | |
Symbol | CPNG |
Exchange | NYSE |
Shares (millions): | 120.0 |
Price range | $27.00 - $30.00 |
Est. $ Volume | $3420.0 mil |
Manager / Joint Managers | Goldman Sachs/Allen & Co./J.P.Morgan/Citigroup |
CO-Managers | HSBC/Deutsche Bank Securities/UBS Investment Bank/Mizuho Securities/CLSA |
Expected To Trade: | 3/11/2021 |
Day: | Thursday |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |