Coupang warns of muted near-term growth as data breach fallout continues

Reuters

02/27

SEOUL, Feb 27 (Reuters) - Coupang Inc CPNG.N said it expects growth and profitability to remain muted over the next few months, reflecting the lingering fallout from last year's data breach.

The e-commerce giant, however, added in a post fourth-quarter earnings conference call that it expects the impact from the data leak incident would gradually diminish as the year progresses.

(Reporting by Heekyong Yang and Hyunjoo Jin;Editing by Ed Davies)

((Heekyong.Yang@thomsonreuters.com;))

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