Name: Coupang surges to biggest U.S. IPO this year
Uploaded: 2021-03-12T22:35:12.000Z
Duration: 1 min 25 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

coupon South Korea's largest e commerce company made a huge splash on the New York Stock Exchange Thursday in the biggest U.

So far this year, the stock surged as much as 81% instantly seeing a surge in its market value to around $109 billion.

Founded in 2010 by Korean American billionaire Bomb So Kim Coupon rose to prominence after launching its guaranteed same day or next day delivery service in South Korea.

It's spectacular Debut further bolsters the fortunes of Self Banks $100 billion Vision Fund, which owns a 35% stake in the company, helping it bounced back from an annual loss last March.

Coupons Successful share offering comes as the U.

P O market is at its strongest in more than two decades and investors flocked to buy shares and tech companies that have profited during the global health crisis.

 Coupons i p o surpasses the $2.15 billion raised by Dating App Bumble earlier this year. 