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PDD Holdings Investigated For Securities Fraud; Block & Leviton Encourages Investors Who Have Lost Money to Contact the Firm
Globenewswire· 2026-01-21 15:36
BOSTON, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Block & Leviton is investigating PDD Holdings (Nasdaq: PDD) for potential securities law violations. Investors who have lost money in their PDD Holdings investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/pdd. What is this all about? Shares of PDD Holdings fell on January 20, 2026, after reports indicated that Chinese authorities had expanded regulatory scrutiny of the com ...
SHAREHOLDER ALERT: Berger Montague Reminds Coupang, Inc. (NYSE: CPNG) Investors of Class Action Lawsuit Deadline
Prnewswire· 2026-01-20 14:23
PHILADELPHIA, Jan. 20, 2026 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against Coupang, Inc. (NYSE: CPNG) ("Coupang" or the "Company") on behalf of investors who purchased or otherwise acquired Coupang securities during the period of May 7, 2025 through December 16, 2025 (the "Class Period"), inclusive. Investor Deadline: Investors who purchased Coupang securities during the Class Period may, no later than February 17, 2026, seek to ...
Amazon Brings Quick Commerce Offering to UK
PYMNTS.com· 2026-01-19 20:09
Core Insights - Amazon has launched its first Amazon Now site in the U.K., providing quick delivery services for groceries and everyday essentials [1][3] - The service allows for deliveries in as fast as 30 minutes in the Southwark area of London, following similar tests in Seattle and Philadelphia [3][4] Group 1: Quick Commerce Expansion - The initiative began in May 2025, originating from discussions in Bangalore about learning from markets like India and the UAE to bring quick commerce to Europe [3] - Amazon's operations lead for EU quick commerce highlighted the successful launch of the service for London customers [2][3] Group 2: Operational Strategy - Amazon is utilizing smaller, specialized facilities for efficient order fulfillment, strategically located near customer residences and workplaces [4] - This strategy aims to enhance employee safety, reduce delivery distances, and enable faster delivery times [4] Group 3: Retail Strategy and Competition - Amazon announced a new 229,000-square-foot megastore in Chicago, merging elements of a supermarket, big-box retailer, and showroom [6][7] - The size of the store indicates Amazon's view of physical retail as a critical component of its ecosystem rather than just a complement to eCommerce [7] - Physical stores provide advantages such as immediacy, sensory engagement, and serve as fulfillment hubs, returns centers, and data collection points [8]
CPNG INVESTOR NOTICE Coupang, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2026-01-19 18:26
Core Viewpoint - Hagens Berman is notifying investors about a pending securities class action against Coupang, Inc. regarding alleged misrepresentation of cybersecurity protocols and a significant data breach affecting customer information [1][2]. Group 1: Legal Proceedings - The lead plaintiff deadline for the class action lawsuit is set for February 17, 2026 [4]. - The class period for the lawsuit covers transactions from May 7, 2025, to December 16, 2025 [4]. - The key allegation involves delayed disclosure of a cybersecurity breach detected on November 18, 2025 [4]. Group 2: Allegations and Breach Details - The lawsuit claims that Coupang misled investors by assuring them of adequate cybersecurity measures while concealing a breach that allowed unauthorized access to sensitive customer data [2][5]. - On November 29, 2025, Coupang disclosed that its systems were infiltrated, affecting approximately 33.7 million customer accounts in Korea [7]. - The breach is believed to have begun on June 24, 2025, via overseas servers [7]. Group 3: Executive Changes and Regulatory Actions - Coupang's CEO, Park Dae-joon, resigned on December 10, 2025, in connection with the data leak incident [7]. - Following the breach, Coupang announced a compensation plan of 1.685 trillion won (over $1 billion) to restore customer trust [7]. - Korean regulators have initiated investigations into the incident, and Coupang is cooperating fully [7]. Group 4: Investigation and Whistleblower Information - Hagens Berman is investigating whether Coupang was aware of inadequate cybersecurity practices but failed to disclose this information [6]. - Reports suggest that the breach may have involved a former employee using authentication keys that remained valid for an extended period [8]. - Whistleblowers with non-public information regarding Coupang are encouraged to come forward, with potential rewards under the SEC Whistleblower program [9].
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Coupang, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - CPNG
TMX Newsfile· 2026-01-19 18:20
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Coupang, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Coupang securities between August 6, 2025, and December 16, 2025, 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 act 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 regarding its cybersecurity protocols, which allowed unauthorized access to sensitive customer information for nearly six months [5]. - It is claimed that Coupang faced increased regulatory and legal scrutiny due to inadequate cybersecurity measures, and the company failed to report the data breach in compliance with SEC regulations [5]. - The lawsuit asserts that the misleading public statements resulted in investor damages once the true details of the situation became known [5].
Pattern Group: Reduced Amazon Dependency Could Drive A Re-Rating
Seeking Alpha· 2026-01-19 04:54
Company Overview - Pattern Group (PTRN) was founded in 2013 and operates as an e-commerce accelerator, focusing on distributing products across global e-commerce marketplaces, primarily Amazon [1]. Business Model - The company employs a wholesaler model, acquiring inventory directly from brands to facilitate distribution [1].
Here’s What Analysts Think About Amazon.com (AMZN)
Yahoo Finance· 2026-01-18 20:04
Group 1 - Amazon.com, Inc. (NASDAQ:AMZN) is considered one of the best stocks to buy in 2026 for beginners, with a positive Q4 outlook driven by favorable advertising trends and strong holiday performance [1] - Raymond James cut the price target for Amazon to $260 from $275 while maintaining an Outperform rating, indicating confidence in the company's future performance [1] - Evercore ISI reaffirmed a Buy rating on Amazon with a price target of $335, while TD Cowen raised its price target to $315 from $300, also maintaining a Buy rating [2] Group 2 - A recent U.S. ad buyer survey indicates that over 60% of advertisers using Amazon plan to increase their spending in 2026, highlighting the growth potential of Amazon's advertising business [3] - TD Cowen projects Amazon's advertising revenue to grow from approximately $68 billion in 2025 to nearly $142 billion by 2030, reflecting an annual growth rate of around 16% [4] - The company's share of global digital advertising outside China is expected to grow steadily, further supporting the optimistic outlook for Amazon's advertising segment [4]
ROSEN, THE FIRST FILING FIRM, Encourages Coupang, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - CPNG
TMX Newsfile· 2026-01-17 17:04
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Coupang, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Coupang securities between August 6, 2025, and December 16, 2025, 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 interested parties must move the Court to serve as lead plaintiff 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 regarding its cybersecurity protocols, which allowed unauthorized access to sensitive customer information for nearly six months [5]. - It is claimed that this breach heightened the risk of regulatory scrutiny and that Coupang failed to report the incident in compliance with SEC regulations [5]. - The lawsuit asserts that the public statements made by Coupang were materially false and misleading, resulting in investor damages when the true details became known [5].
Amazon: The K-Shaped Economy Will Likely Increase Online Shopping
Seeking Alpha· 2026-01-17 08:52
Core Insights - The article highlights the emergence of a K-shaped economy in the US by 2025, characterized by high-income individuals increasing discretionary spending while low-income demographics adopt a more conservative spending approach focused on essentials [1]. Group 1: Economic Trends - The K-shaped economy indicates a divergence in spending habits between high-income and low-income individuals, with the former spending more on discretionary items and the latter prioritizing essential goods [1].
COUPANG, INC. SECURITIES FRAUD NOTICE: Berger Montague Informs Coupang, Inc. (CPNG) Investors of Securities Fraud Lawsuit
TMX Newsfile· 2026-01-16 15:36
Philadelphia, Pennsylvania--(Newsfile Corp. - January 16, 2026) - National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against Coupang, Inc. (NYSE: CPNG) ("Coupang" or the "Company") on behalf of investors who purchased or otherwise acquired Coupang securities during the period of May 7, 2025 through December 16, 2025 (the "Class Period"), inclusive.Investor Deadline: Investors who purchased Coupang securities during the Class Period may, no later than Febru ...