Day: August 2, 2024

S. Korea’s consumer prices rise 2.6 pct in July

South Korea’s inflation picked up pace in July though it stayed below 3 percent for the fourth consecutive month, data showed Friday.

Consumer prices, a key gauge of inflation, rose 2.6 percent on-year last month, compared with a 2.4

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(EDITORIAL from Korea JoongAng Daily on August 2)

Minimize the damages to vendors and customers

A Seoul bankruptcy court froze the assets and debts of TMON and WeMakePrice – two e-commerce players under Singapore-based parent company Qoo10 – a day after the two filed for receivership amid

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(EDITORIAL from Korea Herald on August 2)

Oversight on e-commerce

Seoul court freezes assets, debts of Tmon, WeMakePrice amid deepening liquidity crisis

The liquidity crisis that has slammed embattled e-commerce platforms Tmon and WeMakePrice, affiliated with Singapore-based Qoo10 Group, h…

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