General

Payment delays at TMON, WeMakePrice raise industrywide concerns

Concerns over payment delays by WeMakePrice and TMON, South Korean affiliates of Singapore-based e-commerce platform Qoo10 Group, have been escalating, causing suspensions of product sales and refunds to customers, industry sources reported Wednesday…

Hybe names chief strategy officer as new CEO

Hybe, the K-pop powerhouse behind BTS and NewJeans, said Wednesday that it has named Chief Strategy Officer Lee Jae-sang as the new CEO to lead the firm’s push for global expansion and new growth strategies.

Lee will replace the current CEO, Park Ji…