Coupang warns of revenue slowdown after data breach
Updated
Updated · Bloomberg · May 6
Coupang warns of revenue slowdown after data breach
13 articles · Updated · Bloomberg · May 6
The South Korean e-commerce group also posted a bigger-than-expected first-quarter loss after a former employee improperly accessed personal data from nearly 34 million accounts.
The company said the cyber-intrusion has hurt customer spending, signalling weaker 2026 growth across the country's biggest online retail platform.
South Korean regulators said the breach went undetected for months, intensifying scrutiny of Coupang after one of the country's largest known personal-data exposures.
Is Coupang a victim of a rogue employee or discriminatory regulation as US investors sue South Korea?
Can a $1.2B payout save Coupang from crippling fines after its historic data breach?
When a data breach becomes a diplomatic crisis, what is the true cost for global tech giants?