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Growing Backlash as Coupang Founder Kim Bom-seok Remains Silent on Data Breach Affecting 33.7 Million Users
Reporter Kim Jisun 2025.12.03
[Alpha Biz= Kim Jisun] Seoul, South Korea — Despite the massive data breach affecting 33.7 million customers at Coupang, company f ...

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Korea’s Privacy Watchdog Reviewing Possible KRW 1 Trillion Fine Against Coupang Over Massive Data Breach
Reporter Kim Jisun 2025.12.03
[Alpha Biz= Kim Jisun] Lee Jeong-ryeol, Vice Chair of South Korea’s Personal Information Protection Commission (PIPC), said on Dec ...

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Coupang Fallout Spreads: Unauthorized Charges Reported at Gmarket
Reporter Kim Jisun 2025.12.03
[Alpha Biz= Kim Jisun] Following Coupang’s large-scale personal data leak, an unauthorized payment incident has also occurred at e ...

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[Exclusive] DL Group and Hanwha Reach Breakthrough Agreement on Yeochun NCC; Petrochemical Restructuring Policy Gains Momentum
김영택 기자 2025.12.03
[Alpha Biz= Kim Young Take] DL Group and Hanwha Group have reached a dramatic agreement to resolve their prolonged conflict over Y ...

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[Exclusive] Samsung Foundry Faces Unprecedented Workload as Tesla Demands Stricter Technical Requirements
이준현 기자 2025.12.03
[Alpha Biz= Lee Joonhyun & Park Namsook] Samsung Electronics’ foundry division is experiencing an unprecedented surge in workl ...

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Hong Ra-hee to Gift Entire Samsung C&T Stake to Son, Samsung Chairman Lee Jae-yong
Reporter Kim Jisun 2025.12.03
[Alpha Biz= Kim Jisun] Hong Ra-hee, Honorary Director of the Leeum Museum of Art, will transfer her entire stake in Samsung C& ...

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President Lee Orders Stronger Penalties and Realistic Punitive Damages Following Coupang Data Breach
Reporter Kim Jisun 2025.12.03
[Alpha Biz= Kim Jisun] President Lee Jae-myung on December 2 instructed government ministries to strengthen fines and implement re ...

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Seoul Bankruptcy Court Ends Rehabilitation Proceedings for Interpark Commerce; Possible Bankruptcy Review Expected
Reporter Paul Lee 2025.12.02
[Alpha Biz= Paul Lee] The Seoul Bankruptcy Court announced on December 1 that it has terminated the rehabilitation proceedings of ...

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Samyang Foods Faces Backlash After Selling Entire Treasury Share Holdings to Hedge Funds Ahead of Proposed Corporate Law Amendment
Reporter Paul Lee 2025.12.02
[Alpha Biz= Paul Lee] Samyang Foods has come under scrutiny after it was revealed that the company sold all of its treasury shares ...

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Stray Kids Earn Eighth No. 1 on Billboard 200 With SKZ IT TAPE ‘DO IT’
Reporter Paul Lee 2025.12.02
[Alpha Biz= Paul Lee] JYP Entertainment announced on December 1 that its group Stray Kids has achieved their eighth No. 1 debut on ...

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Bithumb Introduces Preemptive Block System for Accounts Under Deceased Individuals' Names
Reporter Paul Lee 2025.12.02
[Alpha Biz= Paul Lee] Bithumb announced on December 1 that it has established a new system to proactively block cryptocurrency tra ...

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Korean Presidential Office Calls for Review of Punitive Damages Over Massive Coupang Data Breach
Reporter Kim Jisun 2025.12.02
[Alpha Biz= Kim Jisun] The Presidential Office in Seoul announced on December 1 that it is reviewing the introduction of punitive ...

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Peptron Extends Platform Technology Evaluation Agreement with Eli Lilly to October 2026
Reporter Kim Jisun 2025.12.02
[Alpha Biz= Kim Jisun] Peptron announced on December 1 that its platform technology evaluation agreement with Eli Lilly, originall ...

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Coupang Faces First Lawsuit After Personal Data of 33.7 Million Users Leaked
Reporter Kim Jisun 2025.12.02
[Alpha Biz= Kim Jisun] Following revelations that the personal data of 33.7 million Coupang customers was leaked without authoriza ...

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Hoban Group Secures Over KRW 200 Billion From Sale of LS Corp. Stake, Raising Expectations of Further Move on Hanjin KAL
Reporter Paul Lee 2025.12.02
[Alpha Biz= Paul Lee] Hoban Group has reportedly sold its entire stake in LS Corp., securing at least KRW 200 billion in cash and ...

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LG Display to Sell Part of Its Idle Gumi Plant Site to Mico Power
Reporter Kim Jisun 2025.12.02
[Alpha Biz= Kim Jisun] LG Display is set to sell a portion of the land at its inactive Gumi manufacturing complex to Mico Power, a ...

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Korea Extends $65 Billion FX Swap With NPS to Stabilize Won; Government Warns Exporters to Sell Dollars
Reporter Kim Jisun 2025.12.02
[Alpha Biz= Kim Jisun] Korea’s economic authorities have decided to extend the US$65 billion foreign exchange swap arrangement wit ...

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Korean Regulators to End ‘Non-Standard Accounting’ Practice in Life Insurance Sector Under IFRS 17
Reporter Kim Jisun 2025.12.02
[Alpha Biz= Kim Jisun] Korea’s Financial Supervisory Service (FSS) announced that life insurers will no longer be allowed to use t ...

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AlphaBiz Secures “Innovation-Driven Venture Company” Certification, Recognized for AI Patent Technology
Reporter Kim Jisun 2025.12.02
[Alpha Biz= Kim Jisun] AlphaBiz announced on the 1st that it has become the first media company to obtain certification as an Inno ...

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Korea’s National Pension Fund Expands Overseas Stock Investments Faster Than Retail Investors
Reporter Paul Lee 2025.12.01
[Alpha Biz= Paul Lee] New data shows that South Korea’s National Pension Service (NPS) has increased its overseas stock investment ...

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