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Taking the Lead on a Mega-IPO
Aided by the expertise of Goldman Sachs, Coupang, a South Korean e-commerce company, went public in the largest tech IPO since Uber.
Everything about this historic IPO was big. Coupang, headquartered in Seoul, is the largest e-commerce company in Korea, often compared with Amazon. Led by visionary founder Bom Kim, the company is known for fast delivery, and has been in high demand during the pandemic.
Goldman Sachs was one of the lead underwriters of this milestone offering. Coupang was the largest tech company to go public since Uber in 2019. The initial offering was the biggest by a foreign company since Alibaba in 2014, and the second-largest Asia tech IPO of all time.
