South Korea's Fair Trade Commission on Wednesday designated Kim Bom, the founder of U.S.-listed e-commerce giant Coupang, as the company's controlling entity.

South Korea's Fair Trade Commission on Wednesday designated Kim Bom, the founder of U.S.-listed e-commerce giant Coupang, as the company's controlling entity.

A massive data breach at huge online retailer Coupang, which is registered and listed in the U.S., has both countries claiming the right to act.