Baillie Gifford acquired 161M Coupang shares worth $4.56B. That's 3.33% of their equity portfolio (9th largest holding). The investor owns 8.75% of the outstanding Coupang stock. The first Coupang trade was made in Q1 2021. Since then Baillie Gifford bought shares eleven more times and sold shares on six occasions. The stake costed the investor $4.17B, netting the investor a gain of 9.4% so far.
Baillie Gifford Bolsters Stake in Coupang Inc