SEOUL, July 29 —South Korea will provide US$400 million (RM1.8 billion) in financial support to small businesses hit by payment delays at two Qoo10 e-commerce platforms and the...
Olympics: Malaysian badminton players show mettle with first round wins in men’s singles, men’s doubles and mixed doublesA person passes in front of TMON headquarters amid WeMakePrice and TMON, owned by Singapore-based e-commerce platform Qoo10 , are facing increasingly delayed payments, in Seoul July 24, 2024.
Missed payments by the e-commerce platforms have grown to around 210 billion won , the government estimates. Ku, the South Korean founder and CEO of Qoo10, apologised today and said Qoo10 would secure emergency liquidity by drawing on overseas funds or by disposing of assets and stakes or using them as collateral.
Qoo10 E-Commerce Payments Delays
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Korea conducts loudspeaker broadcasts at North KoreaSEOUL: South Korea’s military said on Friday it had conducted a loudspeaker broadcast campaign directed at North Korea overnight in response to the la...
Read more »
North Korea-Russia arms trade a global threat, says South Korea President YoonHONOLULU: North Korea’s arms trade with Russia is a threat to global peace, and strength and alliances among liberal democracies are critical in safeg...
Read more »
North Korea calls US, Japan, South Korea as ‘Asian version of Nato’, condemns drillSEOUL, June 30 — North Korea denounced today joint military drills by South Korea, Japan and the United States, calling them an “Asian version of Nato” and warning of...
Read more »
North Korea launching more trash balloons: Seoul militarySEOUL: North Korea is launching more balloons believed to be carrying trash towards the South, Seoul’s military said Thursday, in the latest round of ...
Read more »
N. Korea fires two short-range ballistic missiles, Seoul saysSEOUL: North Korea fired two short-range ballistic missiles on Monday, South Korea’s military said, a day after Pyongyang warned of “fatal consequence...
Read more »
IOC says sorry over S. Korea gaffe mistaking it for N. Korea in Olympics opening ceremonySEOUL, July 27 — The International Olympic Committee apologised Saturday for a gaffe during the opening ceremony of the Paris Olympics in which South Korean athletes were...
Read more »