South Korea to force e-commerce marketplaces to pay vendors faster

Theregister | 07-08-2024 07:07pm |

Platforms owe billions after they stopped paying and sent thousands of SMEs into cashflow crunches South Korea's government will shrink the period in which e-commerce marketplace platforms must settle up – from 60 days to 40 – to ensure that small sellers aren't caught in a cash crunch....

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.