Coupang swings to loss as data breach dents Q4; sees muted near-term growth

By Heekyong Yang and Bipasha Dey Feb 26 (Reuters) - E-commerce giant Coupang swung to a fourth-quarter loss on Thursday and reported revenue below analysts' estimates, hurt by the fallout from a data breach in South Korea. Coupang Korea, ‌which generates more than 90% of the group's total revenue, has faced a public backlash following disclosure of a ‌data breach in November involving some 34 million customers. The company's revenue for the October-December period came in at $8.8 billion, compared wit ...