Coupang

General Information
Business:
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.
•Vast Selection – Customers can order from millions of items across almost every category of goods—from tomatoes to TVs—for next-day delivery. 
(Note: Coupang upsized its IPO at pricing on March 10, 2021, to 130 million shares, up from 120 million, at $35 – $1 above the top of its upwardly revised range of $32 to $34 – to raise $4.55 billion.)
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
Financial Information
Market Cap $62095.04mil
Revenues $11967.3 mil (last 12 months)
Net Income $-474.9 mil (last 12 months)
IPO Profile
Symbol CPNG
Exchange NYSE
Shares (millions): 130.0
Price range $35.00 - $35.00
Est. $ Volume $4550.0 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
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change