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-0.000814166497048629 -0.000814166497048629 -0.00122124974557302 0.0030531243639324 0.00183187461835938 -0.00447791573376753 -0.00244249949114589 -0.00488499898229192
Stock impact report

Coupang Unveils Over $1 Billion Customer Compensation Plan After Data Breach [Yahoo! Finance]

Coupang, Inc. Class A (CPNG) 
Company Research Source: Yahoo! Finance
data breach that authorities have described as South Korea's largest to date. The company said it plans to issue vouchers of up to 50,000 won, or about $35, to each of the 33.7 million customers whose personal information was compromised. Those vouchers will be spread across Coupang's main shopping platform, its food delivery service, travel offerings, and its R.LUX luxury beauty unit, a move that could be aimed at stabilizing customer engagement following the breach. Warning! GuruFocus has detected 6 Warning Sign with CPNG. Is CPNG fairly valued? Test your thesis with our free DCF calculator. The incident has triggered a government investigation and has disrupted daily life for millions across the country, with nearly two-thirds of South Korea's population affected. The situation has also drawn political attention after Bom Kim, the company's billionaire founder, did not appear at a parliamentary hearing held this month to address the breach. Coupang's former head of Korean ope Show less Read more
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