WeMakePrice goes bankrupt after failed turnaround

WeMakePrice’s headquarters in southern Seoul (Newsis) A South Korean court on Monday declared the bankruptcy of WeMakePrice, marking the end of a failed rehabilitation effort to revive the troubled e-commerce business. The Seoul Bankruptcy Court ruled WeMakePrice bankrupt, roughly a year and half after the platform filed for court receivership on July 29, 2024, along…

Wemakeff, who entered court receivership (corporate rehabilitation procedures) due to a large-scale ..

Liquidation after creditors’ assembly in January\nUnsettled sellers failed to recover damage 사진 확대 Wemakeff Wemakeff, who entered court receivership (corporate rehabilitation procedures) due to a large-scale non-settlement situation, eventually went bankrupt. On the 10th, the Seoul Rehabilitation Court’s Rehabilitation Division 3 (Chief Justice Jung Joon-young) declared WeMakePrice bankrupt. It has been more than two months…