Core Viewpoint - Coupang's chairman and founder Kim Bom has issued a sincere apology for the recent data leak of customer information and has committed to revealing a compensation plan promptly [1] Group 1 - The data leak incident has raised significant concerns regarding customer privacy and data security within the company [1] - Kim Bom's apology indicates a recognition of the severity of the situation and the need for accountability [1] - The company is expected to take immediate actions to address the fallout from the data breach, including a compensation plan for affected customers [1]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Coupang, Inc. securities between August 6, 2025, and December 16, 2025, about the upcoming lead plaintiff deadline for a securities class action lawsuit [1] Group 1: Class Action Details - Investors who bought Coupang securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must file with the Court by February 17, 2026 [3] - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4] Group 2: Case Allegations - The lawsuit alleges that Coupang made false and misleading statements and failed to disclose inadequate cybersecurity protocols that allowed unauthorized access to sensitive customer information for nearly six months [5] - It is claimed that this breach heightened the risk of regulatory and legal scrutiny, and the company did not report the breach in compliance with SEC reporting rules [5] - As a result of these actions, the public statements made by Coupang were materially false and misleading, leading to investor damages when the truth was revealed [5]

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][2] Group 1: Allegations - The lawsuit claims that Coupang had inadequate cybersecurity protocols, allowing a former employee to access sensitive customer information for nearly six months without detection [2] - It is alleged that this data breach subjected Coupang to increased regulatory and legal scrutiny [2] - The defendants reportedly failed to disclose the data breach in a timely manner as required by SEC reporting rules, leading to materially false and misleading public statements [2] Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until February 17, 2026, to request appointment as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Law Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]

Core Insights - The data breach at Coupang involved access to 33 million accounts, but only 3,000 accounts had data retained by the perpetrator, who later deleted it after media reports surfaced [1][4][6] Group 1: Data Breach Details - The perpetrator, a former employee, accessed basic user data using a stolen internal security key, retaining order history and building entrance codes for approximately 3,000 accounts [3][4] - The accessed basic data included names, emails, addresses, and phone numbers, but did not include payment data, login data, or individual customs numbers [5][6] - The investigation revealed that the perpetrator did not transmit the data to third parties and deleted the stored data upon seeing news reports about the incident [1][4] Group 2: Company Response and Legal Implications - Coupang reported the data breach to authorities on November 18 and disclosed the incident publicly on November 29, affecting nearly 33.7 million customers in South Korea [6][7] - The company is cooperating with an ongoing investigation involving the South Korean government and cybersecurity firms, and plans to announce compensation plans for affected customers [6][7] - Following the breach, Coupang faces a class action lawsuit in California, alleging violations of securities laws and misleading investors regarding data security practices [7]

Core Insights - U.S. stocks experienced a decline, with the Dow Jones index dropping approximately 100 points on Friday [1] - Coupang Inc's shares surged by 11% to $25.30 after the company clarified its investigation into a former employee regarding customer data leaks was conducted in collaboration with government authorities [2] Company Performance - Coupang Inc (NYSE:CPNG) shares rose sharply due to the clarification regarding the investigation process [2] - Other notable stock performances included: - Starfighters Space Inc (NYSE:FJET) increased by 12% to $13.80 [3] - Dingdong (Cayman) Ltd (NYSE:DDL) gained 11.6% to $3.03 [3] - Xpeng Inc – ADR (NYSE:XPEV) surged 7.6% to $21.06, attributed to its entry into Qatar and a partnership with Axess Limited [3] - Sigma Lithium Corp (NASDAQ:SGML) rose by 6.6% to $14.40 [3] - United States Antimony Corp (NYSE:UAMY) increased by 6.4% to $6.76 [3] - Nexa Resources SA (NYSE:NEXA) rose by 6.3% to $9.41 [3] - Zeta Global Holdings Corp (NYSE:ZETA) gained 5.6% to $20.18 [3] - Polestar Automotive Holding Uk Plc (NASDAQ:PSNY) rose by 5.5% to $18.13, driven by a $300 million equity investment [3] - Nio Inc – ADR (NYSE:NIO) increased by 5% to $5.14 [3]

Core Insights - Coupang's stock rose approximately 9% following an update on a recent cyberattack, which indicated that customer payment information was not compromised [1][2] - The cyberattack exposed personal data of around 33 million customers, but the company confirmed that only limited user data from 3,000 accounts was retained and subsequently deleted [3][4] - The hacker was identified as a former employee who confessed, and the only data taken were 2,609 building entrance codes, with no payment data or login information being collected [4][5] Investor Relevance - The market reacted positively to the news that the cyberattack's impact was less severe than initially feared, leading to a recovery in Coupang's stock price [2] - Following the breach announcement on December 1, the company's shares had fallen to their lowest levels since April, but have since increased by about 13% year-to-date [3]

A former employee retained user data from only 3,000 of a potential 33 million customers, Coupang says. ...

Core Viewpoint - Coupang's stock price surged by over 9.6%, reaching $25.005, following the company's announcement regarding the resolution of a data breach incident involving a former employee [1] Group 1: Company Actions - Coupang identified and locked down a former employee responsible for leaking user information, recovering all devices and hard drives used in the data theft [1] - The investigation revealed that the perpetrator accessed basic information of 33 million user accounts but retained information for only about 3,000 accounts [1] Group 2: Incident Details - The individual deleted all stored information upon seeing news reports about the incident and did not transmit any data to third parties [1]

Core Viewpoint - Coupang's stock price surged by over 9.6%, reaching $25.005, marking the largest intraday increase since May 7 [1] Group 1: Company Actions - Coupang identified a former employee responsible for leaking user information and retrieved all devices and hard drives used in the theft [1] - The investigation revealed that the perpetrator accessed basic information of 33 million user accounts but only retained information for approximately 3,000 accounts [1] - After the incident was reported in the news, the perpetrator deleted all stored information and did not transmit it to any third parties [1]

Shares of Coupang (CPNG) were launched higher at Friday’s open after the company assured customers that the scope of the recent hack of user data was limited and not shared with third parties. “The perpetrator has been identified, and that all ...