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Korea Herald

Coupang to challenge Korean authorities in court over data-leak fine

By The Korea Herald

Coupang has pledged to dispute the Korean privacy authorities’ decision to impose a $410 million fine on the United States-listed e-commerce firm in court. “The (Korean Personal Information Protection Commission)’s regulatory findings and penalties are subject to judicial review,” said Coupang Inc. in its 8-K filing to the US Securities and Exchange Commission. Coupang, Inc, which is listed on the New York Stock Exchange, owns a 100 percent stake in Coupang Corp. “Coupang Corp. will vigorously p