South Korea's e-commerce giant Coupang, listed in the United States, announced that Chairman and founder Kim Bom Suk will sell up to 15 million company stocks and donate another 2 million stocks to charitable institutions. The sale will start next week and is expected to be completed by August 29 next year. This will be Kim Bom Suk's first sale of the company's stocks since Coupang's listing in the United States in 2021. Based on the latest closing price of $24 per share and the USD/KRW exchange rate of 1400 won, the expected sales volume will exceed 500 billion won (approximately $0.3563 billion USD). (Global Market Broadcast)
Coupang创始人拟抛售股票套现3.56亿美元，并捐赠200万股
Coupang founder plans to sell stocks to cash out $0.356 billion and donate 2 million shares.
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