South Korean trade watchdog names Coupang founder as de facto controlling entity
SEOUL, April 29 (Reuters) - South Korea's Fair Trade Commission (FTC) on Wednesday designated Kim Bom, the founder of U.S.-listed e-commerce firm Coupang CPNG.N, as the de facto controlling entity of the company, a move that could subject it to more strict regulatory scrutiny. (Reporting by Jack Kim; Editing by Christian Schmollinger) ((jack.kim@thomsonreuters.com; +822 6936 1455;))
Recent news on Coupang
See all newsCoupang files lawsuits over $462 million in South Korea fines over data breach
Republican committee chair calls for scrutiny of Seoul's China ties (updated)
Republican committee chair calls for scrutiny of Seoul's China ties
South Korea confirms first project under $350 billion US investment pact despite viability concerns (updated)
South Korea PM says first US investment project could set cooperation model