Reuters2021-09-17
TOKYO, Sept 17 (Reuters) - SoftBank Group's(9984.T)Vision Fund sold 57 million shares in South Korean e-retailer Coupang Inc(788.F)for about $1.69 billion, according to a U.S. regulatory filing.
Vision Fund sold 57 million Coupang shares at $29.685 each, and holds 568.2 million shares of the e-commerce firm following the sale,the filing showed.
Coupang declined to comment.
In August, Vision Fund posted a first-quarter profit of 236 billion yen ($2.15 billion).
($1 = 109.8800 yen)
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