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Stock impact report

South Korean retail giant Coupang to compensate $1.1 billion to affected users over data breach [CNBC]

Coupang, Inc. Class A (CPNG) 
Company Research Source: CNBC
Jung Yeon-je | Afp | Getty Images South Korean online retail giant Coupang said it will offer 1.69 trillion South Korean won ($1.17 billion) in compensation to its users affected by a massive data breach disclosed last month. The company said in a statement Monday local time that it planned to provide customers with purchase vouchers totaling 50,000 won for various Coupang services. Coupang said users can check their eligibility for the vouchers starting Jan. 15, according to a Google translation of the statement in Korean. This is breaking news, please check back for updates. Show less Read more
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