Stock Groups

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


© 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)

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. However, market makers provide accurate prices. This means that prices might not reflect the market. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.