[News Space=Reporter seungwon lee] Coupang is facing a massive punitive damages lawsuit in the US due to a personal information leak involving 33.7 million people. Furthermore, it has been revealed that the company has been secretly operating a public relations organization near Gangnam Station. Key public relations personnel, including CEO Park Dae-joon, have been working in private offices there, secretly communicating with the government, the Presidential Office, the Fair Trade Commission, and the media, sparking a wave of controversy. SJKP, the US branch of Daeryun Law Firm, held a press c
[News Space=Reporter seungwon lee] GS Retail has been approved to join the 'GS Retail Branch' of the National Labor Equality Labor Union under the Federation of Korean Trade Unions (FKTU), and all three of the largest convenience store companies (Big 3) now have labor unions. Currently, there are approximately 40 union members applying, and the organization movement is rapidly spreading, with 400 people joining an open KakaoTalk group promoting the union in just one day. This marks the first time GS Retail has launched a unified union since its merger with GS Home Shopping in 2021. Background
[News Space=Reporter seungwon lee] On the 11th, the Korea Exchange designated SK Hynix (000660) and SK Square (A402340) as stocks under investment warning, completely restricting margin trading and trading on alternative exchanges (NXT). This measure follows a decision by the Market Surveillance Committee to protect investors, as the two stocks' one-year stock price increases exceeded 200% and the involvement of a small number of accounts in purchasing increased. Background of the stock price surge and expectations for ADR listing SK Hynix has surged 232.9% this year, reaching a record high, c
[News Space=Reporter seungwon lee] Samsung BioLogics's rebirth as a pure-play contract development and manufacturing organization (CDMO) through a spin-off is prompting significant price increases from domestic and international securities firms. Since its relisting on the 24th of last month, major securities firms have set target stock prices in the range of 2 million to 2.3 million won, raising the target price by over 400,000 won from the pre-spin-off level of 1.6 million won. The core value of CDMOs is highlighted by both profitability and growth potential. The reason for the upward revisi
[News Space=Reporter seungwon lee] LOTTE BIOLOGICS announced on December 12th that it held the “Future Innovation Technology Development Forum” for employees at the multipurpose hall of the IBS Tower in Songdo. Since last year, the company has been regularly hosting this forum, which focuses on the latest biopharmaceutical development and manufacturing technologies, in order to strengthen technological differentiation and collaboration in the global market. It also serves as a platform for knowledge exchange between employees at the Korea and New York Syracuse Bio Campuses. This forum, the fif
[News Space=Reporter seung won lee] Coupang is experiencing a rapid decline in customer trust due to the personal information leak of 33.7 million people, and various side effects such as user loss, loss of sales, and boycotts are becoming a reality. On November 29th, Coupang officially announced that approximately 33.7 million customer accounts had been exposed without authorization, marking the largest data breach since the 2011 Cyworld and Nate hacks. The leaked information included names, email addresses, phone numbers, shipping addresses, and some order history. Fortunately, payment infor
[News Space=Reporter seungwon lee] Apartment donations are rapidly increasing in Seoul. From January to November 2025, 7,436 applications for transfer of ownership registration for gift purposes in Seoul multi-family buildings (apartments, officetels, villas, etc.) were tallied. This represents a more than 25% increase compared to the same period last year (5,934 cases), marking the largest increase in the past three years. While gift transactions are increasing nationwide, approximately 93% of the increase in Seoul's gift transactions occurred in Seoul. Donations are concentrated in popular a
[News Space=Reporter seungwon lee] Controversy has arisen after the sandwich franchise Subway provided a 'lobster plate' as a free gift for some menu items in November, which was found to contain significantly more cadmium, a group 1 carcinogen, than the standard. A detailed inspection by the Ministry of Food and Drug Safety (MFDS) and the Gyeonggi Province Food and Drug Administration revealed that the cadmium concentration detected in the plates was 4.2-5.3㎍/㎠, exceeding the domestic standard (0.7㎍/㎠ or less) by more than six times. Subway officially acknowledged this on the 6th, immediately
[News Space=Reporter seungwon lee] Controversy over insider trading is spreading as it has been confirmed that former and current key executives of Coupang, where a large-scale personal information leak occurred, sold billions of won worth of company stock before learning of the incident. According to a U.S. Securities and Exchange Commission (SEC) filing, Chief Financial Officer (CFO) Garab Anand sold 75,350 shares of Coupang Inc. at $29.0195 per share on November 10, netting $2.186 million (approximately KRW 3.2 billion) in cash. Former Vice President Pranam Kolari also reported selling 27,3
[News Space=Reporter seungwon lee] On December 4th at approximately 5:35 PM, a pickup truck called "Tasman" was being test driven at the KIA Autoland Hwaseong Plant 3 in Ujeong-eup, Hwaseong-si, Gyeonggi-do. A coworker (50s, Mr. B) died after being struck by the truck during a test drive. The Gyeonggi Hwaseong West Police Department is investigating the driver, Mr. A, in his 50s, on charges of causing death under the Road Traffic Act. Accident details and damage The accident occurred at an intersection within the factory (10 meters from the main gate). Person A was reportedly driving a complet