E-commerce company Coupang made its market debut Thursday on the New York Stock Exchange through an IPO and is now trading under the ticker symbol "CPNG."The company was last valued in the private market at $9 billion in a 2018 funding round, according to PitchBook.
The New York Stock Exchange welcomes executives and guests of Coupang , today, Thursday, March 11, 2021, in celebration of its Initial Public Offering.soared 70% in its market debut Thursday on the New York Stock Exchange, making it the largest IPO so far this year in the United States. The company's stock began trading at $59.60 apiece, giving Coupang a market cap of $102.2 billion. The company hadFounded in 2010 by Korean-American billionaire Bom Kim, Coupang made a name for itself through its guaranteed same-day or next-day delivery service. Often compared to
over valued...🙅♂️