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Farmstead has partnered with DoorDash

Farmstead has partnered with DoorDash
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Coupang's $3.6b blockbuster IPO proves why US is better pick for tech outings

Photo: Reuters
March 8, 2021
South Korean e-commerce giant Coupang Inc.’s initial public offering is on track to be the largest listing by a Korean company in a decade. And, like most of the major tech offerings these days, it’s happening in New York.
There are three big reasons that explain why the U.S. is a better pick for the e-tailer backed by SoftBank Group Corp.’s Masayoshi Son. Perhaps most significantly, New York offers a considerable valuation premium. It also has a deeper, more liquid market, and allows uneven voting rights that would benefit Coupang’s founder, Harvard Business School drop-out Bom Kim. ....

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(CPNG), SOFTBANK CORP ORD (SFTBF) - Coupang Shows US Is Most Lucrative Market For Tech IPOs : Bloomberg

(CPNG), SOFTBANK CORP ORD (SFTBF) - Coupang Shows US Is Most Lucrative Market For Tech IPOs : Bloomberg
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Coupang Shows US Is Most Lucrative Market For Tech IPOs : Bloomberg

South Korean e-commerce major Coupang Inc.’s (NYSE: CPNG) IPO is slated to be the largest listing by a Korean company in a decade, Bloomberg reports. What Happened: New York continues to remain in favor of the Korean e-tailer IPO backed by SoftBank Group Corp’s (OTC: SFTBF) (OTC: SFTBY) Masayoshi Son due to the substantial valuation premium, market liquidity, and uneven voting rights in favor of Coupang’s founder, Harvard Business School. ....

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