NYSE:CPNGMultiline Retail
Coupang (CPNG) Is Down 12.1% After Massive Data Breach Triggers Legal And Regulatory Backlash
Coupang is grappling with the fallout from a massive data breach that exposed personal information from over 33 million users, triggered regulatory investigations, prompted senior leadership changes, and led to multiple securities class action lawsuits alleging misleading disclosures about its cybersecurity.
The breach has also strained South Korea–US relations, with officials linking the incident and Coupang’s delayed detection to broader concerns over trade, security, and the handling of...