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COUPANG LISTING
South Korea fines Coupang $409 million in country's largest data breach penaltyThe Personal Information Protection Commission said the New York-listed company had leaked personal data of more than 33 million customers ...- South Korea ecommerce probe opens rift in US tiesSouth Korea defended its investigation into US-listed e-commerce giant Coupang against criticism from American lawmakers. Seoul stated the ...
- South Korea tells US lawmakers it will ensure no discrimination against US tech firmsSouth Korea assured US tech firms, including Coupang, of no discriminatory measures following a letter from American lawmakers. The governm...
- Coupang swings to loss as data breach dents Q4; sees muted near-term growthCoupang Korea, which generates more than 90% of the group's total revenue, has faced a public backlash following disclosure of a data breac...
- South Korea blames Coupang data breach on management failure, not sophisticated attackCoupang Korea, operated by US-listed Coupang Inc, faced a public and lawmaker backlash over the breach. The incident added to trade frictio...
- South Korean police to question interim CEO of Coupang in data breach probeInterim Chief Executive Harold Rogers pledged to cooperate with all probes into the data leak.
- Trump says 'we'll work something out with South Korea' after tariff threatSouth Korea tariff: Trump's chief trade negotiator, Jamieson Greer, said the U.S. had reduced its tariff rate on South Korean goods to 15% ...
- Coupang founder Kim Bom apologises for data leak, pledges compensationIn response to the data breach, Coupang founder Kim Bom has issued a public apology. He reassured customers that the company is fully coope...
- Japan's SoftBank books hefty Vision Fund loss but returns to quarterly profitInvestment losses at the Japanese tech firm's flagship Vision Fund unit totalled 1.38 trillion yen ($9.75 billion) in the three months to S...
- SoftBank group posts $13 billion in losses amid tech sell-offThe slump is casting a shadow on founder and chief executive officer (CEO) Masayoshi Son's strategy of heavy concentration in high-growth s...
- SoftBank Vision Fund sells $2 billion of DoorDash sharesSoftBank Group CEO Masayoshi Son has tapped his shareholdings in DoorDash Inc. for the third time in just six months, selling $2 billion wo...
- Paytm set to get 7% stake in IPO-bound PayPayThis was revealed in a regulatory filing on Wednesday by SoftBank, which owns around 20% stake in One97 Communications, the parent entity o...
- SoftBank reports $37 billion Vision Fund profit on CoupangSoftBank Group has clocked a net profit of 4.99 trillion yen in the year ended March. That compares with an 962 billion yen loss a year ear...
- Job portal ZipRecruiter files to go public via direct listingZipRecruiter is a developer of an online marketplace for employers and job seekers and competes with Indeed and Microsoft-owned LinkedIn.
- SoftBank Vision Fund seen posting record earnings on CoupangSoftBank's 37% stake in Coupang, which sources have said was acquired for about $3 billion, was worth around $30 billion at the end of the ...
- Coupang raises $4.6 billion in biggest US IPO so far this yearCoupang had priced 130 million shares sold in the IPO at $35 apiece, higher than the marketing range $32-$34 per share, giving the Seoul-he...
- View: Can Masa Son outshine SPAC superstar Chamath Palihapitiya?SoftBank managed to raise only $600 million last year in the US SPAC boom. Chamath Palihapitiya, a venture capitalist and social influencer...
- SoftBank shares hit record high as online backers celebrateShares in SoftBank, a heavily weighted component of the Nikkei 225 index which is trading at 30-year highs, closed up 4% at 10,420 yen, abo...
- SoftBank returns to profit after record lossesMasayoshi Son has pulled off a remarkably speedy comeback after the worst loss in his company’s 39-year history.
- SoftBank Group Corp promotes Lydia Jett to Partner at $100 bn Vision FundJett, who previously worked as an investment banker at JPMorgan Chase & Co. and in private equity at Goldman Sachs Group Inc., will continu...
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