Coupang's Growth Could Remain Intact Despite Risks Posed by Data Breach -- Market Talk

Dow Jones12-17

0311 GMT - Coupang's structural growth could remain intact despite near-term risks posed by its massive date breach case, Nomura analysts Angela Hong and Won Kang write in a note. The U.S.-listed South Korean online retailer could face penalties under strict Korean laws following a leak of personal data on 33.7 million of its customers, they say. Still, the analysts continue to view Coupang as structurally advantaged in the local e-commerce market, citing limited direct competition from rivals and the high costs of customers switching to other online retailers. Nomura cuts its target price for the stock to $30.00 from $38.00 but maintains a buy rating. Shares last fell 1.1% to $23.19. (kwanwoo.jun@wsj.com)

(END) Dow Jones Newswires

December 16, 2025 22:11 ET (03:11 GMT)

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