[Green Economy Daily = Han Soon Gu, Cho Chang Woo] An enormous scale on leaking about 34 million personal data from Coupang which has never been seen before, has been chopping the share price.

The share price has been declined about 9% on the pre-market before the NASDAQ open(eleven at night on 1st December by KST). Then 6.56% of share price was diminished after 30 minutes with market open. According to the financial sources, Mr. Bum Seok Kim has stock share in Coupang about 8.8%, where the Softbank in Japan has 17.39%. With current flow of this collapse, it could be estimated that they should bear severe losses which Mr. Kim for 3 hundred million, while Softbank for 5.8 hundred million.

After an hour on the market open((01: 00 am on 2nd, December by KST), the stock price has been showing about 5.29% decreasing. According to the market, 3% decline may lead to serious case, while 5% decline may be regarded as a ‘collapse’. There is a view that Mr. Kim, the CEO of Coupang, should endure this serious financial risk for the critical defect it made, leading to leaking customers’ personal data; a high-paid lesson. This collapse may deal with which the investors’ concern on ‘Punishment on the Severe Loss’ act by South Korean government.