Greenoaks and Altimeter withdraw Section 301 Petition as Administration Holds Korea Accountable and Announces its Intention to Advance Broad Section 301 Actions
Greenoaks and Altimeter today announced that we have withdrawn our Section 301 petition concerning the Government of the Republic of Korea’s treatment of Coupang, Inc. Our potential action under the U.S.-Korea Fair Trade Agreement is unaffected and continues independently.
Abrams Capital, Durable Capital Partners, and Foxhaven Join Greenoaks and Altimeter in Legal Effort to End Korea’s Discrimination Against U.S. Companies and Uphold U.S.-Korea Trade Commitments
Abrams Capital, Durable Capital Partners, and Foxhaven have joined Greenoaks and Altimeter’s (together, the “U.S. Investors”) legal challenge against the Government of the Republic of Korea (the “ROK Government”) to stop Korea’s discriminatory treatment against Coupang, Inc. (
NYSE: CPNG) and other U.S. companies.
Greenoaks Takes Legal Action to Stop Korea's Discrimination Against Coupang and Other U.S. Companies
Greenoaks, along with Altimeter (the “U.S. Investors”), today filed two distinct actions to defend U.S. businesses and investors from discriminatory acts and unfair trade practices by the Government of the Republic of Korea (the “ROK Government”).
Rhythms Secures $26 Million in Seed Funding to Revolutionize Organizational Performance and Transform the Future of Work
Rhythms, an AI-powered enterprise productivity startup founded by industry veteran and serial entrepreneur Vetri Vellore, today announced $26 million in seed funding, co-led by Greenoaks and Madrona with participation from Accel, Cercano (formerly Vulcan), and Founders’ Co-op, all of which were also investors in his previous venture, Ally.io, which was acquired by Microsoft in 2021.
