FILE PHOTO: Coupang logo is seen in this illustration taken February 11, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
SAN FRANCSICO/SEOUL, Jan 22 (Reuters) - Two major U.S. investors in Coupang Inc said on Thursday they have petitioned the U.S. government to investigate the South Korean government and potentially impose trade remedies over what they describe as discriminatory treatment of the e-commerce company.
Tech investors Greenoaks and Altimeter said they have also filed arbitration claims against South Korea under the U.S.–Korea Free Trade Agreement (KORUS), accusing Seoul of mounting a campaign against Coupang following a consumer data breach that has caused billions of dollars in losses for investors.
