Summary by Futu AI
GREENOAKS CAPITAL PARTNERS LLC, a significant investor in Coupang, Inc. [CPNG], has completed a series of open market purchases of Coupang's Class A Common Stock. On August 8, 2024, GREENOAKS acquired a total of 800,000 shares at prices ranging from $22.2185 to $22.7718. The following day, the firm continued its buying spree, purchasing an additional 150,000 shares at a price of $22.642 per share. After these transactions, GREENOAKS CAPITAL PARTNERS LLC's total beneficial ownership in Coupang stands at 49,874,924 shares. The transactions reflect the firm's direct and indirect investment in the e-commerce giant, with the latest acquisitions reinforcing its substantial stake in the company.