Coupang Gets $2B Investment From SoftBank’s Vision Fund – PYMNTS.com

“Coupang, the South Korean eCommerce company, is getting a $2 billion investment from SoftBank’s Vision Fund, which will provide it with the money to speed up development of delivery and shopping services.

According to a report in Bloomberg, citing people familiar with the matter, the eCommerce company has a post-money valuation of $9 billion. SoftBank invested $1 billion in Coupang back in 2015, valuing the company at $5 billion the time.”

https://www.pymnts.com/news/investment-tracker/2018/coupang-funding-softbank-vision-fund-south-korea/

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