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Games & Commerce
Rogers testifies to U.S. House panel; Coupang says it regrets situation in South Korea
Harold Rogers, interim head of Coupang’s South Korean unit, attended a closed-door meeting of the U.S. House Judiciary Committee on Feb. 23 and testified for about seven hours. Robert Porter, Coupang Inc’s chief global affairs officer, said on Feb. 24 that the company regrets the situation in South Korea and is still seeking a constructive solution. The meeting followed a subpoena sent by Republican committee leaders.
General News
Three U.S. Coupang shareholders join legal challenge against South Korean government
Three additional U.S. investors holding shares in Coupang have submitted notices of intent to arbitrate, challenging South Korea’s response to a personal data leak case, industry sources said. Abrams Capital, Durable Capital Partners and Foxhaven said they will also join legal objections filed by Green Oaks and Altimeter. The Justice Ministry said the new claimants relied on the same factual assertions as earlier filings and that the government will respond through an inter-agency dispute response team.
General News
Coupang\'s Harold Rogers makes second police appearance over alleged perjury on NIS instructions
Harold Rogers (해롤드 로저스), interim head of Coupang in South Korea, appeared for a second time at police on Thursday. The Seoul Metropolitan Police Agency\'s anti-corruption unit is questioning him as a suspect for violating a law on testimony before the National Assembly. Police will examine whether remarks he made at a parliamentary hearing in late December amounted to perjury and whether he knew they were false.