Summary by Futu AI
GREENOAKS CAPITAL PARTNERS LLC, a significant investor in Coupang, Inc. [CPNG], has completed a substantial acquisition of Coupang's Class A Common Stock over a two-day period. On August 21, 2024, the firm purchased 100,000 shares at a price of $22.9498 per share. The following day, they acquired an additional 200,000 shares at $22.9317 each. These transactions have increased GREENOAKS CAPITAL PARTNERS LLC's indirect holdings in Coupang to a total of 50,676,224 shares. The total value of the shares acquired during this period is approximately $6.88 million, reflecting the firm's confidence in the e-commerce giant's future prospects.