(Not sure if this is the right place to request IPO)
Coupang, founded in 2010, (largest?) online retailer in South Korea. Back by Softbank and other investors such as BlackRock, Sequoia and Bill Ackman. Would like more exposure to the Korean market on Freetrade.
South Korean e-commerce giant Coupang Inc, backed by Japan's SoftBank Group Corp, on Friday filed to go public on the New York Stock Exchange, hoping to cash in on strong demand for high-growth tech stocks as it reported a near-doubling of annual...
Bump on this.
Any idea if this will be available on 10/11th of March- NYSE:CPNG
Seumiseu
(Shelton Smith)
7 March 2021 22:38
3
I too would love this in my portfolio
Andyf
(Andy)
11 March 2021 00:02
4
Any updates on whether we will be able to see this, I believe the IPO is tomorrow?
Hi all, we will add this today, the moment itâs available on the secondary market.
4 Likes
@Freetrade_Team when are we going to be able to purchase shares ?
MattC94
(Matt)
11 March 2021 17:28
7
IG is now live on trading @ $64. Nearly doubled IPO already.
Andrew3
(Andrew Levy)
11 March 2021 17:38
8
Itâs already dropping, Iâm missing out!
When will the buy button be active?
Just enabled it now, will be a couple of minutes.
1 Like
Welcome to @Andrew3 @Seumiseu @JustAjack and any other new forum members
Coupang is now live on your app
We have honed our process over recent months, and are adding these new listings as soon as we possibly can.
As Leanne kindly pointed out, this situation is the same for all brokers.
We have worked hard to shave off every possible second in this process, to make new listings/IPOs as fast as possible.
Today, this was around 4 minutes after it became available.
Believe me when I say I have become quite obsessed with this IPO/new listing process, and we will do everything we can to shave off every second we can every time and keep getting better.
Also in case you havenât read this piece, it does take a few hours for IPOs and indeed direct listings to become available on the secondary market:
4 Likes
MattC94
(Matt)
11 March 2021 17:52
11
Well done mate thank you.
1 Like
AdamL
(Adam)
12 March 2021 08:06
14
Wow, quite a dip first day. Anyone get in at 62?
According to Financial Times (pay wall!), death of a worker may have contributed to the drop, as well as other local competition such as Naver, Gmarket (ebay), etc
What drop?
The South Korean ecommerce giant closed trading at $49.25 per share on Thursday, a 40.7 per cent rise from the $35 that shares were priced at during an initial public offering on Wednesday.
Of the 61 IPOs to debut in the U.S. stock exchange in 2020, the median company that went public saw a âpopâ of 20% on the first day.
3 Likes
Overpriced but in long term will increase steadily I think
369zen
(Micharl)
4 April 2021 11:47
18
Hello just wanted to know what is happening to my SNT shares and wres ive seen it jump but this doesnât seem to reflect on my account
gkrjack
(Jack)
29 June 2021 15:20
19
Does anyone know whats caused the pop?
AngelaM
(Anzelika)
1 July 2021 18:53
20
Probably because of this, i hope we see price going ip now.