Coupang

Impact: Coupang is facing multiple class-action lawsuits due to alleged inadequate cybersecurity protocols, a data breach affecting 33.7 million customer accounts, and failure to report the incident to the United States — United States Securities and Exchange Commission. This has led to a significant drop in its market value and the resignation of its CEO.

Impact: Coupang, a US-listed e-commerce giant, has been the target of numerous investigations and a record fine in South Korea following a data breach. The company's market capitalization has declined by over 40% due to these actions, and it is now seeking a constructive resolution to strengthen US-Korea trade relations.

Impact: Coupang is a public holding that contributed to SoftBank Vision Fund's strongest quarterly performance.

Impact: Coupang is mentioned in the context of allegations of discrimination against American technology companies in South Korea, an issue Michelle Steel pledged to address.