SG Talk

Full Version: Naver, Kakao ban sales through TMON and WeMakePrice
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
Products sold on TMON and WeMakePrice are not shown in the search results on Naver and Daum Shopping, starting on Thursday afternoon. “We have temporarily suspended the display of products sold on TMON and WeMakePrice in the search results on Naver Shopping to prevent further damage,” a member of Naver said. “We will review resuming the service after discussions once products can be offered normally.”

Following a series of travel agents terminating contracts with TMON and WeMakePrice on Thursday, Naver and Kakao, major online platforms in South Korea, also decided to suspend the sales and advertising of products sold on TMON and WeMakePrice. As payment gateways and major sellers left, TMON and WeMakePrice are practically engaging in no business. While sufficient liquidity should be secured to resolve the issue of delayed payments, no liquidity is added as products aren't sold.

https://www.donga.com/en/article/all/20240727/5086408/1