Coupang Sales Growth Bolsters SoftBank’s Bet on Korean Retailer

  • Net revenue more than doubled in first half of the year
  • SoftBank invested $1 billion in Coupang in June 2015

Coupang’s net sales more than doubled in the first half of the year, helping to validate SoftBank Group Corp.’s bet that the South Korean web retailer will carve out a piece of Asia’s booming e-commerce market.

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