Coupang Raises 391.9 Billion KRW in Operating Funds Through Paid-in Capital Increase
[Asia Economy Reporter Lim Chunhan] Coupang announced on the 2nd that it will conduct a paid-in capital increase of 7,838 common shares through a shareholder allocation method.
Coupang stated that the purpose of raising funds is operating capital. The issue price per share is 50 million KRW, and the total amount raised is 391.9 billion KRW.
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Korean Coupang is 100% owned by Coupang Inc., a U.S.-listed company. Since its listing in March last year, Coupang is estimated to have raised about 1.4 trillion KRW through four paid-in capital increases using the same method. Previously, in March, it conducted a paid-in capital increase of approximately 479.7 billion KRW.
This content was produced with the assistance of AI translation services.
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