Lee Min-hyung joined The Korea Times in 2014 and has worked as a journalist mainly in Korea’s finance, tech and automotive industry. He specializes in content creation, breaking news and in-depth analysis currently on transportation and mobility. You can reach him via mhlee@koreatimes.co.kr.
Coupang expresses regret over situation that led to CEO's US testimony
Coupang's interim CEO Harold Rogers, center, enters a conference hall of the the U.S. House Judiciary Committee in Washington, D.C., Monday (local time). Yonhap
By Lee Min-hyung
Coupang on Tuesday expressed regret over the situation involving multiple allegations surrounding the company after interim CEO Harold Rogers was deposed before the U.S. House Judiciary Committee as part of a congressional investigation into the firm’s treatment in Korea.
"We regret the circumstances in Korea that led to today's Congressional deposition, and we remain committed to seeking a constructive resolution," Robert Porter, chief global affairs officer at Coupang, said in a statement.
Following Coupang's massive data leak scandal last year, the Korean government has launched a series of intense investigation into the firm and the interim CEO, which the U.S. viewed as "unfair targeting" of the U.S. company.
The company did not share any other details over the closed-door testimony by Rogers, only saying that it hopes to "serve as a bridge" between Korea and the U.S., so both countries can improve their bilateral economic relationship.