WeMakePrice, TMON CEOs discuss plans to rescue companies
Published: 13 Aug. 2024, 19:02
![WeMakePrice CEO Ryu Hwa-hyeon, left, and TMON CEO Ryu Gwang-jin answer questions from local press in front of the Seoul Bankruptcy Court in Seocho District, southern Seoul, on Tuesday after concluding a meeting where they discussed rescue plans for the two cash-strapped e-commerce platforms.[YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2024/08/13/39f4f0f2-4a9a-45a2-a7c7-451d6f04ca0d.jpg)
WeMakePrice CEO Ryu Hwa-hyeon, left, and TMON CEO Ryu Gwang-jin answer questions from local press in front of the Seoul Bankruptcy Court in Seocho District, southern Seoul, on Tuesday after concluding a meeting where they discussed rescue plans for the two cash-strapped e-commerce platforms.[YONHAP]
WeMakePrice CEO Ryu Hwa-hyeon, left, and TMON CEO Ryu Gwang-jin answer questions from local press in front of the Seoul Bankruptcy Court in Seocho District, southern Seoul, on Tuesday after concluding a meeting where they discussed rescue plans for the two cash-strapped e-commerce platforms.
They submitted restructuring plans to the court on Monday that reportedly outline the two firms’ strategies to secure investment, pursue mergers and acquisitions and restructure the companies.
with the Korea JoongAng Daily
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