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COUPANG NEWS
Kevin Warsh net worth, Fed Chair race & confirmation delay: Why he’s making headlinesKevin Warsh is in news as a top choice for Federal Reserve Chair. He is very rich and has worked in banking and government before. His sele...- South Korean police to question interim CEO of Coupang in data breach probeInterim Chief Executive Harold Rogers pledged to cooperate with all probes into the data leak.
- Trump says 'we'll work something out with South Korea' after tariff threatSouth Korea tariff: Trump's chief trade negotiator, Jamieson Greer, said the U.S. had reduced its tariff rate on South Korean goods to 15% ...
- Coupang CEO resigns after online retailer hit by massive data breachCoupang’s CEO Park Dae-jun has stepped down after a major data breach, accepting responsibility for the incident. Harold Rogers from the US...
- South Korean leader calls for penalties over ecommerce data leakSouth Korea condemned Coupang’s vast data breach, overlooked for months, exposing personal details of over 33 million users. President Lee ...
- Top South Korean ecommerce firm Coupang apologises over massive data breachThe government, which held an emergency meeting on Sunday, is looking into whether Coupang violated safety rules regarding personal informa...
- US Stock Market Top Gainers: Robinhood, AppLovin, Quantumscape lead Wall Street rally as Nasdaq, S&P hit record highsUS stocks surged today, with Nasdaq and S&P 500 hitting record highs while the Dow remained steady. Wall Street saw strong buying in tech, ...
- Kanye West's song glorifying Hitler gains 10 million views on Elon Musk's X. But the US rapper suffers a big joltKanye West, now known as Ye, released a song titled 'Heil Hitler'. The song faced removal from platforms like YouTube and Spotify but gaine...
- South Korea probes data protection by ecommerce platforms like AliExpress, TemuThe Personal Information Protection Commission said it has been investigating overseas ecommerce platforms since last month, after a parlia...
- Farfetch to be acquired by Coupang for $500 millionFarfetch, which is based in London, was once feted as the most dominant force in luxury fashion. It went public on the New York Stock Excha...
- WazirX tells workers it ‘disagrees’ with ED; Son’s warning to unicorn foundersThree days after the Enforcement Directorate froze its bank assets worth Rs 64.67 crore, crypto exchange WazirX has sought to allay the con...
- SoftBank's Masayoshi Son faces shareholders shaken by $34-billion lossBut five years of deploying $142 billion has now resulted in a record 2.1 trillion yen ($15.4 billion) loss for SoftBank in the quarter end...
- SoftBank founder Masayoshi Son loses $25 billion in tech's brutal winterFrom China’s tech crackdown to Russia’s invasion of Ukraine, inflation to the markets, a litany of troubles has beset Masayoshi Son and his...
- Flipkart is said to aim for IPO in fourth quarter of 2021Parent Walmart Inc. has set up an internal IPO team for Flipkart and is leaning toward a traditional listing in the US.
- Global IPO market eyes record first quarter even as SPACs falterA record $162.4 billion has been raised by more than 600 issuers in 2021, the most ever at this point in the year, data compiled by Bloombe...
- Paid in IndiaIn today's ETtech Evening Briefing: Coupang's IPO and listing a shot in the arm for SoftBank; Nazara Technologies to launch India's first g...
- SoftBank reaps $33 billion Coupang windfallShares of Coupang opened 81% above their offer price on Thursday, after the company raised $4.6 billion in the US stock market's biggest in...
- Coupang raises $4.6 billion in biggest US IPO so far this yearCoupang had priced 130 million shares sold in the IPO at $35 apiece, higher than the marketing range $32-$34 per share, giving the Seoul-he...
- SoftBank needs a different IPO after WeWork slipSoftBank, like most pre-IPO investors, is generally locked in and can’t cash out that profit for at least a year.
- Wirecard deal shows Masayoshi Son's no simple opportunistAssuming Wirecard gets past its legal issues, it looks like Masayoshi Son has once again combined good planning with fortuitous timing to c...
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