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Coupang founder issues first in-person apology over data breach amid record sales
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U.S.-listed e-commerce giant Coupang Inc. reported record annual sales for 2025 despite a massive data breach that hurt fourth-quarter results. Founder and Chairman Bom Kim issued his first in-person apology to customers during Friday's earnings call. This follows a written apology in late December.
Chile's National Consumer Service has summoned Panini Chile S.A. following complaints about pre-sale delivery delays and poor customer service for the Mundial 2026 album. The action follows reports from buyers who did not receive orders on time.
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The RealReal introduced MyCloset today, an AI-powered feature that lets users manage their clothing inventory like an investment portfolio. The tool provides real-time data on item values, popularity trends, and optimal selling times. It aims to keep customers engaged within the company's resale platform.
Представители Европейского парламента и государств-членов ЕС в Брюсселе согласовали новый сбор за обработку каждого товара, заказанного онлайн и импортируемого в ЕС. Сбор вступит в силу 1 ноября и покроет расходы на обработку мелких посылок.
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PDD Holdings, the operator of Pinduoduo and Temu, reported an 11% drop in quarterly profit to 24.5 billion yuan on Wednesday, despite higher sales, as it shifts toward greater reinvestment. Full-year net profit fell 12% to 99.3 billion yuan, while revenue rose 10% to 431.8 billion yuan.
Government data shows that outbound online sales by South Korean businesses reached a record 3.02 trillion won in 2025, marking the third consecutive year of growth. This represents a 16.4 percent increase from the previous year. Sales rose notably in the United States and China, but fell in ASEAN countries.
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Brazilian authorities have dismantled a money-laundering operation linked to China and the powerful PCC crime syndicate, involving US$190 million in illicit funds. The scheme used a Chinese e-commerce platform to sell consumer electronics while concealing revenues and laundering drug proceeds. Prosecutors allege the network evaded taxes and funneled money through fake companies.
FNE releases preliminary report on e-commerce risks
27 апреля 2026, 09:39South Korean lawmakers protest US defense of Coupang amid data breach probe tensions
24 апреля 2026, 10:42Coupang denies lobbying U.S. to pressure South Korea
23 апреля 2026, 07:01Valle del Cauca governor launches Valle Vende, first virtual shopping center
22 апреля 2026, 00:48Regulators issue 3.6 billion yuan food safety fine amid violent obstruction
11 марта 2026, 12:33Amazon wins temporary injunction against Perplexity's Comet browser
09 марта 2026, 15:29Converted acquires Mitcha to strengthen AI-powered advertising in Egypt and region
01 марта 2026, 00:12Tiendanube publishes first NubeCommerce Colombia report on e-commerce
24 февраля 2026, 11:02Former Google executives launch Silvr app for shoppable TV
16 февраля 2026, 05:47Nigerian government probes Temu over data protection law violation