Coupang profit falls 97% after major data breach

South Korea's e-commerce giant says recovery underway

Coupang's speedy deliveries of consumer goods have made it the go-to shopping option for many households in South Korea. (Photo by Nikkei)

STEVEN BOROWIEC

February 27, 2026 13:55 JST

SEOUL -- Coupang on Friday reported a 97% drop in fourth-quarter operating income as it continues to grapple with the fallout from a major data breach at the e-commerce player and increased scrutiny from South Korean regulators.