Coupang swings to Q2 loss on data breach fines
E-commerce giant Coupang Inc. said Wednesday it swung to a net loss in the second quarter from a year earlier due to fines related to a massive data breach. In the three months that ended in June, the US-listed company shifted to a net loss of 865 billion won ($570 million) from a net profit of 43.5
E-commerce giant Coupang Inc. said Wednesday it swung to a net loss in the second quarter from a year earlier due to fines related to a massive data breach. In the three months that ended in June, the US-listed company shifted to a net loss of 865 billion won ($570 million) from a net profit of 43.5
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