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Coupang announces $1.18 billion compensation to South Korea users for data leak

SEOUL, Dec 29 (Reuters) - South Korean e-commerce company Coupang CPNG.N announced on Monday a compensation package of 1.69 trillion won ($1.18 billion) to holders of 33.7 million accounts for a massive data leak that has drawn backlash from users and lawmakers.

($1 = 1,434.6000 won)

 (Reporting by Jack Kim; Editing by Christopher Cushing)

 ((jack.kim@thomsonreuters.com; +822 6936 1455;))

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