{"id":42663,"date":"2021-03-09T21:03:20","date_gmt":"2021-03-09T17:03:20","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=42663"},"modified":"2021-03-09T21:03:27","modified_gmt":"2021-03-09T17:03:27","slug":"coupang-targets-58-b-valuation-on-wall-street","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/coupang-targets-58-b-valuation-on-wall-street\/03\/09\/market-updates\/","title":{"rendered":"Coupang Targets $58 B Valuation on Wall Street"},"content":{"rendered":"\n<p>Coupang, a South Korea-based e-commerce company, has raised the price target for its initial public offering (IPO) on the New York Stock Exchange (NYSE), aiming at a valuation of $58 billion.<\/p>\n\n\n\n<p>The IPO is expected to be the largest on Wall Street since Alibaba\u2019s in 2014.<\/p>\n\n\n\n<p>In addition, the boom witnessed by technology firms since the beginning of the Coronavirus pandemic is expected to lead to higher investor\u2019s demand.<\/p>\n\n\n\n<p>Trading the stock of Coupang on Wall Street is expected to begin on Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coupang, a South Korea-based e-commerce company, has raised the price target for its initial public offering (IPO) on the New York Stock Exchange (NYSE), aiming at a valuation of $58 billion. The IPO is expected to be the largest on Wall Street since Alibaba\u2019s in 2014. In addition, the boom witnessed by technology firms since &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32438,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6862],"class_list":["post-42663","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=42663"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42663\/revisions"}],"predecessor-version":[{"id":42664,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42663\/revisions\/42664"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32438"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=42663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=42663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=42663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}