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SoftBank’s Vision Fund sold 57 million Coupang shares for $1.69 billion By Reuters

by Mike Robinson

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© Reuters.

TOKYO (Reuters). According to a U.S. regulatory file, SoftBank Group’s Vision Fund sold 57 millions shares in South Korean ecommerce firm Coupang Inc. It was worth $1.69 Billion.

Vision Fund sold 57 million Coupang shares at $29.685 each, and holds 568.2 million shares of the e-commerce firm following the sale, the filing showed https://

Coupang declined to comment.

Vision Fund reported a profit of 236 billion Japanese yen (or 2.15 billion dollars) in August.

($1 = 109.8800 yen)

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