The South Korean e-commerce company said last month that unauthorized access to the company's digital data had exposed personal information for an estimated 33.7 million people.
CEO of South Korean online retail giant Coupang resigns over data breach
South Korea's biggest online retailer Coupang said on Wednesday that its Chief Executive Officer Park Dae-jun has resigned, taking responsibiliity for a huge data breach at the company.
Coupang (CPNG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
South Korean President Lee Jae Myung said on Tuesday the massive customer data leak from e-commerce platform Coupang is a wake-up call for stronger protection of digital privacy and ordered plans to raise fines and penalties for such lapses.
Coupang stock was diving in New York after the company apologized over the breach of 33.7 million customers' personal information.
South Korean police said on Monday that they are tracing IP addresses and looking into possible tech vulnerabilities at Coupang after the e-commerce giant suffered the country's worst data breach in over a decade.
South Korean e-commerce giant Coupang said personal information from its 33.7 million customer accounts was exposed via unauthorized data access.
Recently, Zacks.com users have been paying close attention to Coupang (CPNG). This makes it worthwhile to examine what the stock has in store.
Recently, Zacks.com users have been paying close attention to Coupang (CPNG). This makes it worthwhile to examine what the stock has in store.
Coupang (CPNG) is rated a Buy, with a YE26 price target of $52, implying 60% upside potential. CPNG's strong core Korean market performance offsets margin pressures from newer markets like Taiwan, supporting robust cash flow growth. The company has attained scale in Korea and should be able to monetize its logistics with EBITDA margins more than doubling to 7% by 2027.
While the top- and bottom-line numbers for Coupang (CPNG) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.