Latest Altimeter Capital Management News & Updates

Seoul, Jan 24 (IANS) Trade Minister Yeo Han-koo said on Saturday he has stressed to US trade officials that Seoul’s investigation into e-commerce giant Coupang over a major data breach should be treated separately from broader trade issues between the two countries.Yeo made the remarks regarding Coupang to reporters at Incheon International Airport after returning to South Korea following his participation in the World Economic Forum in Davos, Switzerland, reports Yonhap news agency.Coupang, a U…

Seoul, Jan 23 (IANS) Two US investors in e-commerce giant Coupang notified the South Korean government of their intent to bring arbitration claims against it over what they called “discriminatory” acts toward the US-listed firm, and requested a US government probe into the matter.Greenoaks Capital Partners and Altimeter Capital Management took the actions, decrying South Korean authorities’ investigations into Coupang following revelations in November about a massive customer data leak, accordin…