A securities class action has been filed in the USDC – W.D.WA. against Coupang, Inc. (CPNG) (“Coupang” or the “Company”), on behalf of all persons and entities that purchased or otherwise acquired Coupang common stock between May 7, 2025, and December 16, 2025, both dates inclusive (the “Class Period”).
Coupang purports to be a technology and commerce company that offers online retail, restaurant delivery, and video streaming services, among others. Coupang operates through its Product Commerce and Developing Offerings business segments. The Product Commerce segment is the primary revenue driver of Coupang, accounting for about 88% of the Company’s total revenue in 2024.
The Complaint alleges that the Defendants provided investors with misleading assurances about the adequacy of its cybersecurity procedures and practices, especially those of its wholly owned subsidiary, Coupang Corp. In reality, Coupang failed to implement and maintain sufficient safeguards to detect and address internal and external cyberthreats, leaving both the Company and its customers exposed to an increased risk of cyberattacks.
Coupang common stock fell $0.74 per share, or about 2%, to close at a price of $22.72 per share on December 17, 2025.
If you purchased Coupang common stock during the class period and would like to receive more information or join the action, please enter your contact information below for a FREE consultation and click “Submit Your Information”.