Alphabiz - Qoo10 announced plans to raise 70 billion won, but the financial authorities stated that no official plan has been submitted.

Qoo10

 

[Alpha Biz= Reporter Kim Jisun] In light of the unsettled payments issue involving TMON and Wemakeprice, their parent company Qoo10 Group is planning to raise $50 million (approximately 70 billion won). However, on the 28th, financial authorities stated that Qoo10 has not yet submitted an actual financing plan.

According to the financial authorities, the Financial Services Commission and the Financial Supervisory Service explained in a briefing, "Qoo10 expressed its intention to raise $50 million during discussions with the financial authorities." They added, "As part of this, the financial authorities requested a detailed financing plan from Qoo10, but it has not been submitted yet."

 

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)