Latest Coupang News & Updates

Seoul, Feb 6 (IANS) The interim chief executive of Coupang, Harold Rogers, was set to undergo police questioning on Friday over perjury allegations related to his testimony to lawmakers last year, marking his second appearance before investigators in a week.Police seek to question Rogers about allegations that he gave false testimony under oath about Coupang’s internal investigation into its massive data breach during a two-day parliamentary hearing on the leak in late December, reports Yonhap n…

Seoul, Feb 5 (IANS) E-commerce giant Coupang said on Thursday it has discovered a data leak of personal information from more than 165,000 customer accounts linked to an incident it first identified in November last year.The leaked data includes names, phone numbers and addresses entered by customers on the address list for shipping, and the company has notified affected customers of the breach in line with recommendations from the state personal information protection watchdog, Coupang said.The…

Seoul, Jan 31 (IANS) The interim CEO of Coupang underwent 12 hours of intensive police questioning over allegations of destruction of evidence linked to a massive data breach at the e-commerce company.Harold Rogers emerged from the Seoul Metropolitan Police Agency on Saturday at 2:22 am, declining to answer reporters’ questions on whether he admitted to the charges or intended to leave the country, reports Yonhap news agency.Rogers faces accusations of obstructing official investigations into th…

Seoul, Jan 26 (IANS) Personal information from more than 30 million Coupang customers is believed to have been leaked, a top police official said on Monday, leaving open the possibility that the detention of the company’s interim CEO, Harold Rogers, who has ignored two police summonses, will be sought.Park Jeong-bo, head of the Seoul Metropolitan Police Agency, made the remarks, refuting Coupang’s own conclusion that the scope of the data leak was only 3,000 cases, reports Yonhap news agency.”It…

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…

Seoul, Jan 14 (IANS) South Korea’s data protection watchdog on Wednesday urged online retailer Coupang to take down its independent probe results into a massive data leak from its mobile application and website, describing them as unverified information.The Personal Information Protection Commission took issue with the company’s notice that claims a former employee breached the personal information of 33 million users but saved data from only about 3,000 accounts, which Coupang claimed was later…

Seoul, Jan 12 (IANS) Ordering a temporary suspension of business operations at e-commerce giant Coupang may be possible, the head of South Korea’s antitrust watchdog said on Monday, amid an ongoing investigation over a recent large-scale data breach at the US-listed company.”If an order is not implemented or if it is deemed insufficient to provide relief to affected consumers, a business suspension is also possible,” Ju Byung-gi, chairman of the Fair Trade Commission (FTC), said in a radio inter…

Seoul, Dec 31 (IANS) The head of South Korea’s data protection regulator said on Wednesday that Coupang should come up with compensation acceptable for victims of its massive data leak amid strong backlash against the online retailer’s offer of vouchers and discounts.Song Kyung-hee, head of the Personal Information Protection Commission, made the call during a parliamentary hearing over the company’s data breach that affected 33.7 million users — around two-thirds of South Korea’s population, r…

Seoul, Dec 31 (IANS) The National Assembly is set to make a decision on Wednesday that would file a complaint against the interim chief of Coupang’s Korean unit over alleged perjury amid a parliamentary hearing into the online retailer’s massive data leak that affected nearly two-thirds of South Korea’s population.The move comes a day after Harold Rogers, interim CEO of Coupang Corp., the online retailer’s Korean unit, claimed that the company conducted an internal probe into the massive data le…