Coupang Interim CEO Faces Scrutiny in Data Breach Probe as Shares Dip
Coupang shares edged lower amid mounting regulatory pressure, with interim CEO Harold Rogers set for police questioning over a data breach investigation. The probe examines potential evidence destruction and parliamentary testimony violations, casting uncertainty over the e-commerce giant's compliance standing.
Regulators dispute the reported scale of affected users and potential fines, leaving the financial impact unclear. The case may catalyze stricter data enforcement across South Korea's tech sector—a development that could buoy cybersecurity firms while pressuring consumer platforms.
Market reaction remained measured, reflecting Coupang's entrenched position in Asia's competitive e-commerce landscape. Yet the investigation introduces fresh operational risks for a company built on consumer trust and logistical efficiency.
