How South Korea is solving this ‘e-commerce problem’ for affected businesses
By
Isha Sharma
South Korea’s financial authorities have decided to provide at least 560 billion won ($404.55 million) in liquidity support to small businesses impacted by payment delays from e-commerce platforms TMON and WeMakePrice. According to a report by the news agency Reuters, the country’s government has vowed to utilise all available resources to minimise damage caused by the payment failures.