Coupang slips as CEO resigns over data breach

Shares of South Korean e-commerce platform Coupang CPNG.N fall 4% to a seven-month low of $25.86

CEO Park Dae-jun resigns, taking responsibility for a massive data leak in November that affected more than 33 million customers

*Shares down about 14% since the breach was first reported

Harold Rogers, chief administrative officer of its parent company in the U.S., to be interim CEO

*Data breach, however, did not expose any payment details or login credentials of customers

South Korea PM Kim Min-seok warned of stern action on Tuesday against any legal violations found in the investigation

Including the session's move, CPNG stock up 18.4% YTD