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
