SEOUL -- Coupang is raising $4.55 billion in its listing on the New York Stock Exchange, the biggest initial public offering by a foreign company in the U.S. since Alibaba Group Holding in 2014.
South Korea's largest e-commerce company confirmed that it is offering 130 million shares at $35 per share, above the range of $32 to $34 it indicated in a stock exchange filing earlier in the week. The shares will start trading on Thursday.
