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Coupang Investor Ackman Donates Shares to Charity

Coupang Investor Ackman Donates Shares to Charity The hedge-fund manager Bill Ackman is donating shares of Coupang, the Amazon of South Korea,” to various charities days after its stock exchange debut. Author: Mar 15, 2021 2:50 PM EDT The hedge fund investor Bill Ackman has donated his stake in the South Korea e-commerce company Coupang  ( The founder of Pershing Square Capital Management tweeted on Monday that he will split his 26.5 million shares, valued at $1.36 billion, among three entities. These include his Pershing Square Foundation, a donor-advised funds program, and another non-profit that wasn t identified.  Noting that he was a “day one investor” in Coupang, Ackman said the donated shares will now “benefit humanity.”

Bill Ackman-Seeded Coupang, the South Korean Amazon, Debuts IPO With a Bang

Bill Ackman-Seeded Coupang, the South Korean Amazon, Debuts IPO With a Bang
gobankingrates.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gobankingrates.com Daily Mail and Mail on Sunday newspapers.

How the Federal Reserve Affects Inequality - The New York Times

How the Federal Reserve Affects Inequality - The New York Times
nytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nytimes.com Daily Mail and Mail on Sunday newspapers.

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.

SoftBank-backed Coupang set to soar in market debut

SoftBank Group Corp-backed Coupang was valued at around $109 billion in its market debut on Thursday after South Korea's largest e-commerce company raised around $4.6 billion in the biggest U.S. initial public offering this year.

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