SEOUL, December 27 (AJP) - Coupang shares rose on the New York Stock Exchange (NYSE) on Friday (local time), the first trading day after the company released its own findings on a major personal data leak.
Coupang Inc., the parent company of the e-commerce firm, closed up 6.45 percent at $24.27 on the NYSE. U.S. markets were closed the previous day for Christmas, making Friday the first session after the announcement.
Coupang said in a news release on Thursday that it had identified a former employee who leaked customer information using forensic evidence.
The company said it recovered and secured all devices and hard disk drives used to access and steal the data, and its review found no external transmission.
Coupang also said the leaker deleted all stored information and that no customer data were sent to third parties, according to its findings.
The rebound was seen as reflecting investor expectations that the situation could stabilize after the company's announcement.
The government, however, dismissed Coupang's statement, saying that what Coupang claims has not been confirmed by the joint public-private investigation team and is a one-sided claim.
* This article, published by Aju Business Daily, was translated by AI and edited by AJP.
Copyright ⓒ Aju Press All rights reserved.