<SEC-DOCUMENT>0001641172-25-025311.txt : 20250822
<SEC-HEADER>0001641172-25-025311.hdr.sgml : 20250822
<ACCEPTANCE-DATETIME>20250822210004
ACCESSION NUMBER:		0001641172-25-025311
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250820
FILED AS OF DATE:		20250822
DATE AS OF CHANGE:		20250822

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SVF Investments (UK) Ltd
		CENTRAL INDEX KEY:			0001716729
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40115
		FILM NUMBER:		251247708

	BUSINESS ADDRESS:	
		STREET 1:		69 GROSVENOR STREET
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1K3JP
		BUSINESS PHONE:		6508435214

	MAIL ADDRESS:	
		STREET 1:		69 GROSVENOR STREET
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1K3JP

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SB INVESTMENT ADVISERS (UK) LTD
		CENTRAL INDEX KEY:			0001731509
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40115
		FILM NUMBER:		251247707

	BUSINESS ADDRESS:	
		STREET 1:		69 GROSVENOR STREET
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1K 3JP
		BUSINESS PHONE:		650-562-8211

	MAIL ADDRESS:	
		STREET 1:		69 GROSVENOR STREET
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1K 3JP

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Coupang, Inc.
		CENTRAL INDEX KEY:			0001834584
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-CATALOG & MAIL-ORDER HOUSES [5961]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				272810505
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		720 OLIVE WAY
		STREET 2:		SUITE 600
		CITY:			SEATTLE
		STATE:			WA
		ZIP:			98101
		BUSINESS PHONE:		12063333839

	MAIL ADDRESS:	
		STREET 1:		720 OLIVE WAY
		STREET 2:		SUITE 600
		CITY:			SEATTLE
		STATE:			WA
		ZIP:			98101
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>ownership.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2025-08-20</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001834584</issuerCik>
        <issuerName>Coupang, Inc.</issuerName>
        <issuerTradingSymbol>CPNG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001716729</rptOwnerCik>
            <rptOwnerName>SVF Investments (UK) Ltd</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>69 GROSVENOR STREET,</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LONDON,</rptOwnerCity>
            <rptOwnerState>X0</rptOwnerState>
            <rptOwnerZipCode>W1K 3JP</rptOwnerZipCode>
            <rptOwnerStateDescription>UNITED KINGDOM</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001731509</rptOwnerCik>
            <rptOwnerName>SB INVESTMENT ADVISERS (UK) LTD</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>69 GROSVENOR STREET,</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LONDON,</rptOwnerCity>
            <rptOwnerState>X0</rptOwnerState>
            <rptOwnerZipCode>W1K 3JP</rptOwnerZipCode>
            <rptOwnerStateDescription>UNITED KINGDOM</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2025-08-20</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>20000000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>28.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>289542259</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The securities reported herein are held of record by SVF Investments (UK) Limited (&quot;SVF Investments&quot;). SB Investment Advisers (UK) Limited (&quot;SBIA UK&quot;) has been appointed as alternative investment fund manager (&quot;AIFM&quot;) of SVF Investments, is exclusively responsible for managing SVF Investments in accordance with the Alternative Investment Fund Managers Directive, and is authorized and regulated by the UK Financial Conduct Authority accordingly. As AIFM of SVF Investments, SBIA UK is exclusively responsible for making all decisions related to the acquisition, structuring, financing, and disposal of the investments held by SVF Investments.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>SVF Investments (UK) Ltd, By: SB Investment Advisers (UK) Limited, its manager, By: /s/ Amanda Sanchez-Barry, General Counsel</signatureName>
        <signatureDate>2025-08-22</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>SB Investment Advisers (UK) Limited, By: /s/ Amanda Sanchez-Barry, General Counsel</signatureName>
        <signatureDate>2025-08-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
