Forbes reported that Korean eCommerce startup Coupang is valued at $5 billion after SoftBank’s recent $1 billion investment. In December 2014, it raised $300M from BlackRock which valued it around $2.5 billion.
Coupang is on-track to hit over $3B worth of goods sold this year. In 2014, that figure was $1.8B. Amazing! 🙂
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