Coupang: Data Breach Shakes South Korea's E-Commerce Giant

The South Korean online retailer Coupang (NYSE: CPNG) is at the center of a heated public debate following one of the largest data breaches in its history. On November 18, 2025, it was revealed that personal data of 33.7 million customers were affected, representing about two-thirds of all users of the company. In response, Coupang announced a compensation package totaling approximately $1.18 billion, which will be issued in the form of vouchers starting January 15, 2026. Each affected customer is to be provided with vouchers worth about $34 (distributed...