The e-commerce platform TMON announced on the 4th that it will resume operations starting from the 11th of this month. This marks a year since the temporary suspension of business in July last year and about two months since receiving approval for rehabilitation on June 23 this year.
TMON plans to prioritize restoring consumer trust and rebuilding relationships with sellers as it embarks on a full-scale market resurgence following thorough internal restructuring. TMON is officially informing the participating sellers of related matters along with the confirmation of the opening schedule.
As promised earlier, TMON will proceed with contracts with affected sellers at an industry-low commission rate of 3-5%. Furthermore, it will introduce a next-day settlement system to actively support sellers' cash liquidity and initiate structural improvements for stabilizing the distribution network. TMON aims to restore trust with sellers through these changes and become a sustainable win-win platform.
Events for consumers are in the final inspection stage, and the schedule and details will be announced later through official channels.
A TMON official said, "With this reopening, we are fully preparing to provide better services to both consumers and sellers."