SoftBank's Vision Fund provided $1bn for the e-commerce marketplace at a $9bn valuation, three years after a $1bn investment by its parent company.

Telecommunications and internet group SoftBank agreed yesterday to invest $2bn in South Korea-based e-commerce platform Coupang through its Vision Fund, at a valuation reported by Forbes to be $9bn. Coupang operates an online marketplace that lists more than 120 million products for sale, 4 million of which are available for one-day delivery through Rocket, its…

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