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South Korea prepares support for e-commerce vendors hit by payment delays

By Jihoon Lee

Jul 29 2024 3:01PM

The finance ministry said on Monday.

South Korea prepares support for e-commerce vendors hit by payment delays

South Korea's financial authorities will provide at least 560 billion won (US$404.55 million) of liquidity support to small businesses hit by recent payment delays by e-commerce platforms, the finance ministry said on Monday. Last week, South Korean authorities launched an investigation into ...

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