KM Financial Solutions | SoftBank doubles down on Korean online retailer Coupang with $2 bln investment
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SoftBank doubles down on Korean online retailer Coupang with $2 bln investment

SoftBank doubles down on Korean online retailer Coupang with $2 bln investment

SoftBank Group Corp’s
Vision Fund is investing $2 billion in South Korea’s top
e-commerce firm Coupang, the retailer said on Tuesday, as the
loss-making startup girds for battle against rivals backed by
the country’s cash-rich chaebol.

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