Kim Bom has resigned as the chairman of the board and as a registered director of Coupang Corp, the wholly-owned Korean subsidiary of New York-listed and Delaware-incorporated Coupang Inc.
Coupang was designated as a “large business group” by the Fair Trade Commission (FTC) on Thursday, subjecting the U.S. company to a wide range of additional regulations.
Kim Bom, the founder of Coupang, has resigned as the chief executive officer of the company and has been named chairman. He has also lost the title of representative director.
Korea JoongAng Daily Sitemap
