Coupang
Coverage of Coupang in the Nexus archive.
- South Korea disputes US congressional report claiming discrimination against Seattle-based Coupang
South Korea's government disputed a U.S. congressional report accusing it of discriminating against Coupang, a U.S.-listed e-commerce company fined 625 billion won for a data breach affecting 37 million people. The report alleged coercive investigations by South Korean authorities, but Seoul denied the claims, stating its actions were lawful and non-discriminatory.
- South Korea disputes US congressional report claiming discrimination against Seattle-based Coupang
South Korea disputes a U.S. congressional report accusing it of discriminating against Coupang, a U.S.-listed e-commerce company fined 625 billion won for a data breach. The report claims South Korea used coercive tactics against Coupang, while Seoul asserts its actions were lawful and non-discriminatory. Coupang plans to challenge the fine in court, citing inadequate consideration of its security improvements.
- South Korea disputes US congressional report claiming discrimination against Seattle-based Coupang
South Korea's government has disputed a U.S. congressional report that accuses the country of discriminating against Coupang, a Seattle-based company. The report claims Seoul engaged in discriminatory practices against the e-commerce firm.
- US-based ‘Amazon of South Korea’ forced to recover laptop from bottom of Chinese river in bizarre data privacy clampdown: report
A Coupang representative traveled to Shanghai to retrieve a desktop PC, hard drives, and other items from a suspect, but the National Intelligence Service (NIS) later required the company to recover a missing laptop. The incident involves a data privacy clampdown linked to a signed confession and recovered hardware.
- South Korean government discriminated against Coupang, U.S. companies, House report finds
The House Judiciary Committee found that the South Korean government discriminated against Coupang and other U.S. companies, according to a new report. The report highlights allegations of unfair treatment by the South Korean government toward these companies.
- South Korea fines Coupang $408m over biggest data leak in country’s history
South Korea fined Coupang $408 million for the country's largest data leak, as the e-commerce company failed to implement necessary safety measures and delayed reporting the breach.
- South Korea hits e-commerce giant Coupang with record US$409 million fine for data breach
South Korea imposed a record US$409 million fine on e-commerce giant Coupang for a data breach affecting over 30 million customers. The penalty followed a months-long investigation and sparked tensions with US lawmakers, as the company is incorporated in the United States.
- ‘South Korea’s Amazon’ hit with record fine over data breach
Coupang, referred to as 'South Korea’s Amazon,' was fined $409 million for a data breach that exposed personal information of nearly two-thirds of the country's population.
- Trumpworld connections are fueling Coupang’s clash with South Korea
Coupang, a major South Korean online retailer, faces a trade dispute with South Korea over a data breach and alleged discriminatory regulations. U.S. officials and Republican lawmakers are supporting Coupang, citing unfair treatment of American companies, which has stalled a $350 billion trade agreement. Coupang's lobbying efforts in Washington, including ties to Trump-era figures, have intensified the political and trade tensions.
- Over 50 House members accuse South Korea's new left-wing government of attacking US companies, favoring China
Over 50 U.S. House members, led by Rep. Darrell Issa, accuse South Korea's new left-wing Democratic government of favoring China and discriminating against American companies like Coupang and Meta through regulatory actions. They cite a $1 trillion economic damage estimate over 10 years and warn of risks to U.S. economic and security interests.
- Over 50 House members accuse South Korea's new left-wing government of attacking US companies, favoring China
Over 50 U.S. House members, led by Rep. Darrell Issa, accuse South Korea's new left-wing government of favoring China and discriminating against American companies like Coupang and Meta through regulatory actions. They claim these policies could cost $1 trillion in combined economic damage to the U.S. and South Korea over a decade.
- Coupang's cost-cutting Rocket Now shakes up Japan's food delivery sector
Coupang's cost-cutting initiative through its Rocket Now service is disrupting Japan's food delivery sector. The move highlights competitive pressures in the region's logistics and e-commerce markets.