Coupang Inc (CPNG) Price

Coupang CEO Exits Amid Massive Data Breach

Coupang's CEO, Park Dae-jun, has resigned following a data breach that affected two-thirds of South Korea, exposing the company to a potential $681 million penalty. The event highlights a global trend of increasing corporate accountability for data security and regulatory compliance, with firms like Airbnb also facing major fines.

Coupang Stock Slides After CEO Resignation, Police Raid

Coupang (CPNG) stock is trading lower following the CEO's resignation and a police raid on its Seoul headquarters, triggered by a significant data breach. The events have spurred a bearish market sentiment, raising concerns over the company's governance and future financial liabilities.

Coupang Rally Faces Valuation Crossroads

Coupang's stock has posted significant gains, but its valuation presents a conflicting picture for investors. A Discounted Cash Flow (DCF) model suggests undervaluation, while its Price-to-Earnings (P/E) ratio indicates it is overvalued, creating uncertainty amid broader market volatility.

Coupang Confirms Data Breach Affecting 33.7 Million Accounts, Sparking Regulatory Probe