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.)
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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 |
| 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: | 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 |