Coupang This fall Revenue Plunges 97% Following Main Knowledge Breach

THE WHAT? Coupang reported a 97% drop in fourth-quarter working earnings after a serious information breach and mounting regulatory scrutiny in South Korea.

THE DETAILS The New York-listed e-commerce group posted This fall 2025 working earnings of US$8 million, down from US$312 million a 12 months earlier. It recorded a internet lack of US$26 million, in comparison with a revenue of US$156 million within the prior-year interval. Regardless of the earnings decline, complete internet revenues rose 11% year-on-year to US$8.8 billion.

The weaker efficiency adopted a December information breach through which a former worker accessed private information belonging to round 33 million South Koreans, together with telephone numbers, e mail addresses and buy histories. Coupang acknowledged that no delicate monetary data reminiscent of bank card numbers was compromised. The corporate mentioned the breach negatively affected income development, lively buyer metrics and profitability in This fall, although it famous early indicators of stabilization and restoration in Q1 2026.

Individually, South Korea’s Truthful Commerce Fee fined Coupang 2.19 billion gained (roughly US$1.6 million) for pressuring suppliers to decrease costs. The corporate additionally faces heightened political scrutiny, with authorities officers calling for stricter accountability following the info incident.

THE WHY? The revenue collapse displays the reputational and operational impression of the large-scale information breach, compounded by regulatory strain and supplier-related disputes, at the same time as the corporate maintains robust income development and a dominant market place.

Supply: Nikkei Asia