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SoftBank Vision Fund set for new portfolio champion with Coupang IPO

SoftBank Vision Fund set for new portfolio champion with Coupang IPO
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SoftBank’s US$100 billion Vision Fund is poised to have a new number-one asset in its portfolio with the upcoming flotation of top South Korean e-retailer Coupang, furthering a turnaround that has seen the fund yo-yo from huge losses to record profit.

The US$50 billion target valuation that Reuters reported…

To read more: https://www.channelnewsasia.com/news/business/softbank-vision-fund-coupang-ipo-14254682

SOURCE: CHANNEL NEWS ASIA

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