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SoftBank's stake in Coupang said to value firm at 5.5t won

Valuation follows SoftBank's agreement to invest US$1b in the South Korean online retailer; deal to close at the start of July

Seoul

SOFTBANK Corp's investment in Coupang values the South Korean online retailer at about 5.5 trillion won (S$6.7 billion), according to a person with direct knowledge of the matter.

The valuation follows SoftBank's agreement to invest US$1 billion in Coupang, the person said,

sentifi.com

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