Page 298 - அலிபாபா குழு வைத்திருத்தல் லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) South Korean e-commerce giant Coupang Inc. and a group of existing shareholders have raised $4.6 billion in an enlarged offering, making it one of the biggest listings by an Asian company on a U.S. exchange.Coupang priced 130 million shares at $35 each on Wednesday, above a marketed range of $32 to $34 apiece, the company said in a statement.The retailer’s IPO is the biggest on a U.S. exchange since Uber Technologies Inc. raised $8.1 billion in 2019, according to data compiled by Bloomberg. Coupang’s offering is also the biggest by any Asia-based company in New York since Alibaba Group Holding Ltd.’s $25 billion listing in 2014, the biggest ever in the U.S.Coupang and its existing shareholders had planned to sell 120 million shares. The previous range had been boosted from $27 to $30 earlier, signaling strong demand from investors.At $35 a share, Coupang would have a market value of about $60 billion, based on the outstanding shares listed in its pros

New yorkUnited statesSouth koreaSouth koreanMasayoshi sonAllen coGoldman sachs group incYork stock exchange onCoupang incSoftbank group corpAlibaba group holding ltdExchange commissionSoftbank vision fundJpmorgan chase coHarvard universityUber technologies inc