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Coupang announces $1.18 billion compensation to South Korean users for data leak

By Thomson Reuters Dec 28, 2025 | 7:02 PM

SEOUL, Dec 29 (Reuters) – South Korean e-commerce company Coupang announced ‍on Monday a compensation package of 1.69 trillion won ($1.18 billion) to holders of 33.7 million ‌accounts for a ‌massive data leak that has drawn backlash from users and lawmakers.

Coupang said users ​will get vouchers of 50,000 won ‍each for ​its various services.

The ​plan comes a day ‍after Coupang founder Kim Bom issued his first public apology for the data breach ‍and pledged to expedite compensation measures. However, Kim has ‍declined ‍to attend parliamentary ​hearings scheduled for ​Tuesday ⁠and Wednesday, citing ‌prior commitments.

($1 = 1,434.6000 won)

(Reporting by Jack Kim and Hyunjoo Jin; Editing by Christopher Cushing and Jacqueline ⁠Wong)