The shares of South Korean e-commerce giant Coupang are down 46% since its $4.6B US IPO one year ago (Filipe Pacheco/Bloomberg)

Filipe Pacheco / Bloomberg:

The shares of South Korean e-commerce giant Coupang are down 46% since its $4.6B US IPO one year ago— South Korea’s e-commerce giant Coupang Inc. lost nearly half of its value since it’s mega listing in the US one year ago, an anniversary heralding little cheer for holders including Softbank Group Corp.