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South Korea expands conglomerate list, designates Coupang founder as 'same person'

By Jenny Lee ( April 29, 2026, 04:33 GMT | Insight) -- South Korea’s antitrust regulator designated 102 business groups as disclosure-target conglomerates for 2026, up from 92 a year earlier, adding groups including Kolmar Korea, Orion and Toss. The Korea Fair Trade Commission also changed Coupang’s controlling person from a corporate entity to founder Bom Kim after finding his brother’s role in logistics and delivery policy meant the group no longer qualified for a corporate-designation exemption.Coupang, Dunamu, Kolmar Korea, Orion and Toss were among the business groups affected by South Korea’s latest annual designation of large corporate groups, as the regulator expanded the list and tightened scrutiny of who ultimately controls them....

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