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Coupang unveils $1.2bn compensation package in South Korea following data breach

( December 29, 2025, 03:40 GMT | Official Statement) -- MLex Summary: Coupang said on Monday it will roll out a user compensation package worth about 1.7 trillion won ($1.2 billion) following its recent personal-data breach, saying it prepared the plan “as a responsible measure for customers.” The e-commerce giant operating in South Korea said the program will cover 33.7 million user accounts that received breach notifications in late November, including Wow members, non-members and users who have since closed their accounts. Starting Jan. 15, 2026, Coupang will distribute compensation on a rolling basis via text guidance, providing each eligible customer four single-use vouchers totaling 50,000 won for Coupang shopping, Coupang Eats, Coupang Travel and R.Lux.The statement, in Korean, follows:...

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