Wednesday, March 10, 2021

Source: Coupang priced its IPO at $35 per share, above its target range, to raise $4.2B and give the South Korean e-commerce giant a market value of about $60B (Bloomberg)

Bloomberg:
Source: Coupang priced its IPO at $35 per share, above its target range, to raise $4.2B and give the South Korean e-commerce giant a market value of about $60B  —  - South Korean e-commerce company sells shares for $35 each  — Coupang shares set to begin trading Thursday on NYSE



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Sources: the US office responsible for the $52B CHIPS Act will lose ~40% of its staff, including ~40 who are probationary, as Trump cuts the federal workforce (Mackenzie Hawkins/Bloomberg)

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