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SoftBank-backed Coupang raises $4.2 billion in IPO - sources

Coupang LLC, South Korea's largest e-commerce company, raised $4.6 billion in the biggest share offering in the United States this year after selling stocks in IPO above its deal target range, the company said on Thursday. ....

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SoftBank-backed Coupang raises $4.2 billion in U.S. IPO: sources

Coupang LLC, South Korea's largest e-commerce company, raised $4.6 billion in the biggest share offering in the United States this year after selling stocks in IPO above its deal target range, the company said on Thursday. ....

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Warburg Pincus-led group to invest $700 million in JD.Com's property unit

By Reuters Staff
1 Min Read
FILE PHOTO: A logo of JD.com is seen on a helmet of a delivery man in Beijing, China June 16, 2014. Picture taken June 16, 2014. REUTERS/Jason Lee
(Reuters) - A group of investors led by Warburg Pincus will invest about $700 million in Chinese e-commerce firm JD.com Inc’s infrastructure asset management arm, the U.S.-based private equity firm said on Thursday.
Warburg Pincus and Hillhouse Capital, along with other investors, will invest in JD Property as part of a non-redeemable series A preferred share financing, the company added.
Reporting by Sameer Manekar in Bengaluru; Editing by Vinay Dwivedi ....

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SoftBank-backed Coupang valued at $109 billion in blockbuster debut

Shares of SoftBank Group Corp-backed Coupang soared more than 81% in their stock market debut on Thursday, valuing the South Korean e-commerce giant at $109 billion. ....

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Amazon workers in Italy call first company-wide strike for March 22

Unions in Italy said on Thursday they had called on workers at Amazon's logistics operations in the country to go on a 24-hour strike on March 22 after talks with a business lobby group over working conditions of delivery service suppliers broke down. ....

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