coupang is the world’s fastest growing e-commerce company and south korea’s answer to amazon. in only its fourth year, coupang boasts over 20mn subscribers and annual revenue run rate of over $2bn. it is the no. 1 player in mobile e-commerce in korea, which is a massive $50bn market opportunity. on top of that, in dec 2014, we raised $300mn in an investment led by blackrock blk private equity partners. it comes less than five months after we received $100mn in a round led by sequoia capital global equities and sequoia heritage venture funds, which then valued the company at more than $1bn.