SoftBank Group Corp.’s Vision Fund was revealed to have been the seller behind a $1 billion block trade that resulted in a plunge of Coupang Inc. shares late last week.
SVF Investments (UK) Ltd. sold 50 million Coupang shares for $20.87 a piece, at least the second time in several months that it’s divested shares in the South Korean e-commerce giant, according to a filing to the U.S. Securities and Exchange Commission.