US EditionCoupang founder makes 1st in-person apology over data leak
9 Articles
9 Articles
Coupang's Kim Bom-seok apologizes for the personal information leak incident. Coupang Inc. Chairman Kim Bom-seok, the parent company of Coupang, issued an apology for the personal information leak incident that occurred last year at an official event on the 26th. Chairman Kim previously issued an apology statement regarding the incident, but this is the first time he has made a statement via voice.
Taiwan warns of legal measures against Coupang over local data leak
Taiwan’s government has confirmed signs of illegal conduct and negligence by Coupang during an administrative investigation into a large-scale personal data breach, with its digital ministry warning of legal action against the U.S.-listed company.
Coupang’s Q4 Revenue Takes a Hit Following Major Data Breach: Analysts’ Insight and Predictions
read the original version on: www.retailnews.asia E-commerce behemoth, Coupang, endured a significant blow following a data breach in South Korea, leading to a loss in its fourth quarter. The company’s profits plummeted and its revenue failed to meet analyst predictions, reflecting the extensive impact of the breach. Financial Impact Coupang Korea, responsible for over 90% of the group’s total revenue, experienced […] The post Coupang’s Q4 Reven…
Coupang, which failed to protect the personal information of 33.7 million consumers, is paying the price in its earnings. Coupang's operating profit in the fourth quarter of last year shrank 97% compared to the same period a year earlier. ◆ Sales increased, but profits virtually disappeared ◆ According to Coupang Inc.'s fourth-quarter earnings report submitted to the U.S. Securities and Exchange Commission, fourth-quarter sales reached 12.81 tri…
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