South Korean retail giant Coupang to compensate $1.1B to affected users over data breach
TL;DR
South Korean e-commerce leader Coupang will pay 1.69 trillion won ($1.17 billion) in vouchers to 34 million users impacted by a recent data breach, with eligibility checks starting in 2026.
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Source: CNBC
South Korean online retail giant Coupang said it will offer 1.69 trillion South Korean won ($1.17 billion) in compensation to 34 million users affected by a massive data breach disclosed last month. The company said in a statement Dec. 29 that it planned to provide customers with purchase vouchers totaling 50,000 won for various Coupang services. Former customers who closed their Coupang accounts following the data breach are also eligible to receive the vouchers. Coupang said users can check their eligibility for the vouchers starting Jan. 15, 2026, according to a Google translation of the statement in Korean. Full Story