Coupang to challenge Korean authorities in court over data-leak fine

Coupang has pledged to dispute the Korean privacy authorities’ decision to impose a $410 million fine on the United States-listed e-commerce firm in court.

“The (Korean Personal Information Protection Commission)’s regulatory findings and penalties are subject to judicial review,” said Coupang Inc. in its 8-K filing to the US Securities and Exchange Commission.

Coupang, Inc, which is listed on the New York Stock Exchange, owns a 100 percent stake in Coupang Corp.

“Coupang Corp. will vigorously p ...