Core Viewpoint - A class action securities lawsuit has been filed against Coupang, Inc. for alleged securities fraud affecting investors between August 6, 2025, and December 16, 2025 [1] Group 1: Allegations of the Lawsuit - The complaint alleges that Coupang had inadequate cybersecurity protocols, allowing a former employee to access sensitive customer information for nearly six months without detection [2] - It is claimed that this breach subjected Coupang to increased regulatory and legal scrutiny [2] - The lawsuit states that when the defendants became aware of the data breach, they failed to report it in compliance with SEC reporting rules, rendering their public statements materially false and misleading [2] Group 2: Investor Participation - Investors who suffered losses during the specified timeframe have until February 17, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require serving as lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]

Company Performance - Coupang, Inc. closed at $23.59, reflecting a -2.24% change from the previous day, underperforming the S&P 500, which lost 0.74% [1] - Over the last month, Coupang's shares decreased by 9.66%, contrasting with the Retail-Wholesale sector's loss of 0.41% and the S&P 500's gain of 0.79% [1] Earnings Forecast - The upcoming earnings report for Coupang is expected to show an EPS of $0.03, representing a 25% decline from the same quarter last year [2] - Revenue is forecasted at $9.27 billion, which is a 16.42% increase compared to the prior-year quarter [2] Fiscal Year Estimates - For the entire fiscal year, earnings are projected at $0.16 per share, indicating a -27.27% change from the previous year, while revenue is estimated at $34.97 billion, reflecting a +15.54% increase [3] - Recent analyst estimate revisions suggest positive near-term business trends, which may indicate a favorable business outlook [3] Analyst Ratings and Valuation - The Zacks Rank for Coupang is currently 3 (Hold), with the Zacks Consensus EPS estimate decreasing by 3.92% in the past month [5] - Coupang's Forward P/E ratio stands at 147.74, significantly higher than the industry average Forward P/E of 18.89, indicating a premium valuation [5] Industry Context - The Internet - Commerce industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 82, placing it in the top 34% of over 250 industries [6] - Research indicates that industries in the top 50% of Zacks Rank outperform those in the bottom half by a factor of 2 to 1 [6]

Core Viewpoint - The Gross Law Firm is notifying shareholders of Coupang, Inc. regarding a class action lawsuit due to allegations of misleading statements and inadequate cybersecurity practices that led to a data breach affecting customer information [1][3]. Group 1: Allegations - The complaint alleges that Coupang had inadequate cybersecurity protocols, allowing a former employee to access sensitive customer information for nearly six months without detection [3]. - The company is accused of failing to disclose the heightened risk of regulatory and legal scrutiny due to the data breach [3]. - It is claimed that when the company became aware of the data breach, it did not report it in compliance with SEC filing rules, resulting in materially false and misleading public statements [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as August 6, 2025, to December 16, 2025 [3]. - Shareholders are encouraged to register for the class action by February 17, 2026, to potentially be appointed as lead plaintiffs [4]. - Participants will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].

Core Viewpoint - A securities class action lawsuit has been filed against Coupang, Inc. due to a significant data breach and alleged delays in disclosure, which have negatively impacted the company's stock price [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to represent investors who acquired Coupang securities between August 6, 2025, and December 16, 2025 [1]. - The lead plaintiff deadline for the lawsuit is set for February 17, 2026 [4]. - The lawsuit questions whether Coupang misled investors regarding the adequacy of its cybersecurity protocols and the timeliness of its disclosures related to cybersecurity incidents [4]. Group 2: Data Breach Incident - Coupang experienced a data breach affecting approximately 33.7 million customers, which was reported on November 30, 2025 [5]. - The breach was first detected on November 18, 2025, and was attributed to a former employee who retained access credentials after leaving the company in 2024 [6][7]. - Following the breach, Coupang's CEO of its South Korean e-commerce unit resigned, and South Korean police conducted raids on Coupang's offices [6]. Group 3: Financial Impact - Since the breach was reported, Coupang has lost over $8 billion in market capitalization [9]. - The company warned that it could face material financial losses due to potential revenue loss and increased expenses, including regulatory penalties [8].

Core Insights - Coupang has acquired the luxury fashion marketplace Farfetch to enter the high-end retail segment and is focusing on building a luxury presence in Asia while facing challenges in sales growth and the luxury e-commerce landscape [1] - The company operates a subscription service called Rocket WOW, which offers benefits like free express delivery and access to various services, including food delivery and video streaming [2] - Coupang's logistics model allows over 70% of South Koreans to receive same-day or next-morning delivery, enhancing its competitive edge in the e-commerce market [3][4] Financial Performance - In the third quarter, Coupang reported net revenues of $9.3 billion, an 18% year-over-year increase, and net income of $95 million, up 48% from the previous year [7] - Following a data breach affecting over 33 million customers, the stock has experienced volatility, but analysts believe the business remains robust and could see significant stock price increases in the next 12 months [8] Market Position - Coupang is recognized as the dominant e-commerce platform in South Korea, often referred to as the "Amazon of South Korea," due to its vertically integrated logistics network [4] - The company has a growing advertising revenue stream, allowing sellers to promote products within the Coupang app [6]

Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for allegedly misleading investors about its cybersecurity measures during a specific period, leading to significant financial losses due to a data breach [1][2][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Coupang securities from August 6, 2025, to December 16, 2025 [1]. - Investors have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. - The complaint claims that Coupang's inadequate cybersecurity exposed it to a heightened risk of a data breach [2]. Group 2: Cybersecurity Breach - In November 2025, it was revealed that a data breach had compromised sensitive personal information of over 33 million customers [3]. - Following the disclosures, Coupang's stock price experienced significant declines, culminating in the company's acknowledgment of the breach on December 16, 2025 [3]. - This incident is noted as the largest cybersecurity event affecting South Korea to date [3].

Group 1 - Coupang announced a compensation plan for over 33 million affected users due to a massive data leak, offering 50,000 KRW (approximately 241.5 RMB) per user, totaling 1.685 trillion KRW (approximately 81.39 billion RMB) [1] - The total population of South Korea as of November 1, 2023, is reported to be 51.77 million, indicating that the data leak affected nearly the entire customer base of Coupang [1] - The compensation will be distributed in the form of vouchers starting from January 15, 2024, to users notified of the data breach by the end of November [1] Group 2 - Coupang confirmed the identity of the perpetrator behind the data leak and recovered all devices used in the incident, with only limited user data from 3,000 accounts retained by the leaker [2] - There were rumors suggesting that Coupang's investigation was not conducted under government supervision, which heightened public concern; however, Coupang clarified that the investigation was coordinated with government oversight [2] - A detailed timeline of government coordination was released, showing Coupang's cooperation with authorities from December 1 to December 26, including the recovery of devices and submission of materials for forensic analysis [4] Group 3 - Coupang's founder, Bom Kim, publicly apologized for the incident and committed to full cooperation with the government regarding the investigation [5] - Coupang is one of South Korea's largest e-commerce platforms, having invested billions in its Rocket Delivery service, which ensures 99% of orders are delivered within a day [5] - The company previously faced a fine of 140 billion KRW (approximately 7.3 billion RMB) for manipulating product reviews and search rankings, marking the highest penalty ever imposed on a distribution company in South Korea [7]

Core Viewpoint - Coupang's stock dropped by 2.2% to $23.92 amid concerns over a significant data breach affecting 33 million customers in South Korea, with allegations of the company downplaying the incident's severity [1] Group 1: Company Impact - The South Korean Minister of Science and ICT, Lee Kyung-hoon, stated that Coupang's recent data breach impacted 33 million customers [1] - Coupang was accused of releasing an assessment report that "maliciously" downplayed the breach, claiming only about 3,000 users' data was compromised [1]

Core Insights - Coupang's stock has decreased by 20% over the past six months due to a significant data breach affecting at least 30 million users [1] Company Summary - The data breach incident has negatively impacted investor confidence and stock performance for Coupang [1] - CEO Bom Suk Kim's absence during this crisis has further exacerbated the situation, leading to increased scrutiny from stakeholders [1]

Group 1 - Coupang's stock has decreased by 20% over the past six months due to a data breach affecting at least 30 million users [1] - The situation was worsened by CEO Bom Suk Kim's failure to appear, which may have impacted investor confidence [1]