Coupang (CPNG) Share Chat

(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.

https://www.ft.com/content/fe03cd68-1169-497a-a9f5-49d83d986c86

Bump on this.

Any idea if this will be available on 10/11th of March- NYSE:CPNG

I too would love this in my portfolio

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 it’s available on the secondary market.

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@sampoullain when are we going to be able to purchase shares ?

IG is now live on trading @ $64. Nearly doubled IPO already.

It’s already dropping, I’m missing out!
When will the buy button be active?

Just enabled it now, will be a couple of minutes.

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Welcome to @Andrew3 @Seumiseu @JustAjack and any other new forum members :wave:

Coupang is now live on your app :tada:

We have honed our process over recent months, and are adding these new listings as soon as we possibly can.

Also in case you haven’t read this piece, it does take a few hours for IPOs and indeed direct listings to become available on the secondary market:

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Well done mate thank you.

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Thank you!

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Thank you!!

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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

https://www.ft.com/content/a90749a2-5f5d-4789-8215-fd4168a50813

What drop?:slight_smile:

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.

https://www.ft.com/content/c4d7ab5b-76e9-4015-bc0f-4c91c3d28a03

Of the 61 IPOs to debut in the U.S. stock exchange in 2020, the median company that went public saw a “pop” of 20% on the first day.

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Overpriced but in long term will increase steadily I think

Hello just wanted to know what is happening to my SNT shares and wres ive seen it jump but this doesn’t seem to reflect on my account

Does anyone know whats caused the pop?

Probably because of this, i hope we see price going ip now.