
CPNG(coupang) is reportedly manipulating the narrative for investors to coverup its legal scandals here in Korea.
The gap between what they tell wallstreet and what’s actually happening here is insane.
​Knowing that it’s hard for people in the States to verify facts on the ground, they’ve been using high-paid lobbyists to release "edited" statements that favor them while completely ignoring Korean law.
​They think they can bypass domestic justice by hiding behind US political pressure, essentially treating our government and legal system like a totally fool.
​Government officials here are taking this situation extremely seriously… Especially VIP gathering EMERGENCY MINISTERIAL MEETING on christmas holiday.
It’s no longer just a business issue.. it’s a blatant move to undermine the rule of law in Korea to save their Nasdaq shares.
in my first post, I identified myself as a public official (blind app screenshot) to share the government's serious response.
I can now confirm that everything reported so far is factually true, and it is clear that this is an extremely grave situation.
The act of a single corporation thoroughly disregarding and mocking a sovereign nation will inevitably bring consequences that match such actions.
CPNG(coupang) is insane gaslighting foreign investors to hide its ilegal scandals in Korea. So, Korea government is furious.
byu/Historical-Pattern88 inkorea
Posted by Historical-Pattern88
3 Comments
bought coupang at 13 and change… wheeee
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How grave is it? Does not seem like they are doing anything substantial here in Korea.