Court approves process to find new owner for beleaguered e-commerce platforms
Social affairsOct 23, 2024
A Seoul court has approved the process to find a new owner for e-commerce platforms TMON and WeMakePrice placed under court-led rehabilitation since early September after failing to make payments to vendors using their platforms, an official said Wednesday. The Seoul Bankruptcy Court has selected the EY Hanyoung accounting firm as the lead manager for the process to sell the e-commerce platforms to help resolve the massive payment delays, the court's appointed custodian, Jo In-cheol, told Y