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Technology

SoftBank Group sells $1.7bn of shares in South Korea's Coupang

Vision Fund cashes in on some of its lucrative investment in e-commerce company

Coupang has been a moneymaker for SoftBank Group's Vision Fund, but business difficulties and scandals have sent the South Korean company's share price plunging.    © Yonhap/Kyodo

TOKYO/SEOUL -- SoftBank Group's Vision Fund sold $1.7 billion in shares of South Korean e-commerce company Coupang, cashing in on one of the fund's most lucrative investments.

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