Tag: Bom Kim

Bom Kim

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Seoul court suspends FTC order naming Coupang founder controlling entity

The ruling hands Coupang a win, if a temporary one, freeing Bom Kim from the yearly disclosure duties that fall on a controlling entity and from the criminal liability that noncompliance would carry.

2026.7.14

Bom Kim, CEO of e-commerce retailer Coupang, speaks at a warehouse in Seoul on June 21, 2018. [REUTERS/YONHAP]

Court suspends FTC's designation of Coupang founder as 'same person'

A court has suspended Korea's antitrust watchdog's designation of the founder of e-commerce giant Coupang as the company's de facto controlling entity, legal sources said Friday.

2026.5.16

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Bom Kim, chairman of the board of Coupang [COUPANG]

Coupang files lawsuit against FTC ruling designating Bom Kim as controlling entity

Coupang, the Korean unit of U.S.-listed e-commerce giant Coupang Inc., has filed a lawsuit against a decision by the country's antitrust watchdog designating founder Bom Kim as the company's de facto controlling entity, officials said Monday.

2026.5.11

The office of Coupang in Songpa District in southern Seoul on May 6 [NEWS1]

Seoul tells U.S. Republicans Coupang probe is 'nondiscriminatory and fair'

The Korean government wrote a reply to U.S. Republican lawmakers who claimed that Korea was mistreating the U.S.-listed e-commerce company Coupang, contending that Seoul is, in fact, conducting only "a nondiscriminatory and fair" investigation.

2026.5.6

The headquarters of e-commerce platform Coupang in Songpa District, southern Seoul [YONHAP]

Coupang records largest quarterly operating, net losses since 2021

The U.S.-listed e-commerce giant Coupang swung to a net loss in the first quarter following a massive breach of its customer data in Korea last year.

2026.5.6

Antitrust regulator designates Bom Kim as Coupang's 'controlling entity' in regulatory reversal

Korea's antitrust regulator designated Coupang Inc. CEO Bom Kim as the local controlling entity of the beleaguered e-commerce platform Coupang on Wednesday, a move that could place the Korean American business owner in tighter regulatory shackles.

2026.4.29

A pedestrian walks by a Coupang logistics center in Seoul on Feb. 10. [NEWS1]

Ruling party to send letter to Washington protesting U.S. pressure on Coupang case

The Democratic Party in Korea plans to protest the U.S. government's interference in judicial sovereignty regarding Coupang Chairman Bom Kim's safety, linking it to diplomatic negotiations and corporate accountability.

2026.4.27

Coupang Founder and CEO Bom Kim poses in front of the New York Stock Exchange facade before his company's initial public offering on March 11, 2021. [NEW YORK STOCK EXCHANGE]

Bom Kim: Coupang founder's silence speaks volumes amid raucous backlash over scandals

Bom Kim made a fortune as his startup emulated the evolution of Jeff Bezos' Amazon to become a part of everyday life in Korea, but his avoidance in response to Coupang's scandals have been met with a reverberation of criticism.

2026.1.6

Participants hold signs criticizing Coupang for the personal information data leak in front of Coupang's headquarters in Songpa District, southern Seoul, on Dec. 29. [JANG JIN-YOUNG]

Coupang follows 'U.S. playbook' for aftermath of data leak, prioritizing investors over customers

Consumers are growing increasingly baffled by how Coupang is handling the aftermath of the data leak, but one thing is clear: The company has the U.S. investors' best interests at heart, not those of the users who suffered from the data breach.

2025.12.30

A Coupang Logistics Center worker is seen next to Coupang delivery trucks in Seoul on Dec. 17. [YONHAP]

Why U.S. Republicans suddenly weighed in on Coupang’s data scandal

The Blue House convened a meeting over the Coupang data leak, summoning not only commerce and technology officials but foreign affairs and intelligence officials as well, as some in the United States react to moves in Korea over the incident.

2025.12.28