Coupang Sues to Overturn $466.1 Million in South Korean Privacy Fines
MT newswire2026/10/08 08:5604:56 AM EDT, 10/08/2026 (MT Newswires) -- Coupang (CPNG) filed two lawsuits against South Korea's Personal Information Protection Commission, seeking to reverse 624.7 billion South Korean won ($466.1 million) in penalties for privacy violations, Seoul Economic Daily and Chosun Biz reported Thursday, citing legal sources. The penalties include 423.575 billion won for a personal data breach, and 201.106 billion won for the unauthorized collection of users' online activity records, the outlets said. The PIPC levied the fines after finding that the company accidentally leaked millions of users' personal data and collected browsing records from about 11.17 million members without authorization, the news outlets said. Coupang is also seeking stays of execution, filed separately from the suits, the reports added. Coupang and the PIPC did not immediately respond to MT Newswires' requests for comments. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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