Monday, May 11, 2015

Softbank invests US$1 billion in Korean e-commerce company Coupang

Looks like this move*will see Softbank trying to replicate the success that the Japanese company had with Alibaba Japanese telecom giant*Softbank has just invested a whopping US$1 billion into “the Amazon of Korea”, e-commerce platform Coupang. This news comes to us via a report by Korean business news site thebell. One would think that Softbank...
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