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SoftBank Poised to Reap $16 Billion Profit as Coupang Boosts IPO

SoftBank Poised to Reap $16 Billion Profit as Coupang Boosts IPO Bloomberg 3/9/2021 Pavel Alpeyev (Bloomberg) -- SoftBank Group Corp., the biggest shareholder in Coupang Inc., stands to reap an enormous windfall when the South Korean e-commerce leader goes public this week, giving founder Masayoshi Son further evidence his often-criticized startup bets are paying off. The Japanese company owns about 35% of the startup and could report an unrealized gain of as much as $16 billi...
Kyonggi Do South Korea Soult Ukpyolsi South Korean Masayoshi Son Justin Tang
Source: msn.com

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