Coupang announces data leak compensationReuters, SEOULSouth Korean e-commerce company Coupang Inc yesterday announced a compensation deal worth 1.69 trillion won (US$1.18 billion) to the holders of 33.7 million accounts for a massive data leak that triggered a backlash from users and lawmakers. Customers would get company vouchers worth 50,000 won each, Coupang said. The plan comes a day after Coupang founder Kim Beom-seok issued his first public apology for last month’s data breach and pledged to expedite compensation measures. Photo: BloombergCriticism has mounted over Coupang’s decision to provide compensation in the form of vouchers that could only be used on its own services and platforms. Asked about public criticism of its compensation plan, Coupang said it had no further comment.

Source: Taipei Times December 29, 2025 17:13 UTC