年初Coupang公司在纽交所上市时，虽然该公司过去长期亏损，但是
Sina Science and Technology News Beijing time on September 18 morning news, according to reports, JapanSoftbank Corp.The group's vision fund recently sold its 1/10 stake in South Korean e-commerce giant Coupang for a total price of $1.69 billion.
It is reported that in March, Coupang shares were just listed on the New York Stock Exchange, and Vision Fund, which operates on the open market, sold a total of 57 million Coupang shares at $29.85 per share (below the IPO price).
Vision Fund also holds 568.2 million shares in the South Korean e-commerce company after the sell-off.
When Coupang listed on the New York Stock Exchange at the beginning of the year, although the company had made long-term losses in the past, Softbank Corp.Masayoshi son, the head of the group, remains confident in his business model, and he has denied some market rumors that Vision Fund will sell shares to lock in investment profits after the listing of Coupang.
The Vision Fund set up and managed by Softbank Corp. Group is a long-time supporter of Coupang. In 2015, the Vision Fund invested heavily in the company and another $2 billion in 2018. The two investments gave Vision Fund a 37 per cent stake in the company.
To the outside world, Coupang's business model can be called "Korean version".Amazon". But last year, the company broke out a major fire in a logistics warehouse in South Korea, which led the South Korean government to step up regulatory scrutiny of the company.
In addition, with Amazon.Com IncSimilarly, Coupang has faced antitrust criticism in South Korea, accusing it of operating search algorithms on e-commerce platforms to give its own brand products a more prominent place in search results. Subsequently, South Korea's antitrust agency, the Fair Trade Commission, launched an investigation into the company.
It is reported that Coupang's long-standing loss-making and "cash-burning" market strategy is facing a test as its share price hovers below its IPO price of $35 for a long time.
