WeMakePrice CEO Ryu Hwa-hyeon, left, and TMON CEO Ryu Gwang-jin answered questions from local press on Tuesday after concluding a meeting where they discussed rescue plans for the two cash-strapped e-commerce platforms.
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.
![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://img4.daumcdn.net/thumb/R658x0.q70/?fname=https://t1.daumcdn.net/news/202408/13/koreajoongangdaily/20240813190222921airt.jpg)