**Reopening on the 11th… Just Over Two Months After Rehabilitation Approval**
The e-commerce platform TMON will reopen a year after suspending operations. The photo shows TMON’s new headquarters in Gangnam, Seoul. ©Sisajournal Park Jung-hoon
TMON announced on the 4th that it would resume operations on August 11. This decision comes a year after its temporary suspension in July last year and about two months after receiving rehabilitation approval on June 23 this year.
Officially resuming operations, TMON plans to focus on thorough internal restructuring to regain consumer trust and rebuild relationships with sellers as its top priorities as it embarks on a market resurgence. The company is currently informing its sellers of the reopening date and related information.
As previously promised, TMON will proceed with contracts with affected sellers at an industry-low commission rate of 3-5%. Additionally, the company will adopt a daily settlement system to actively support sellers’ cash flow and undertake structural improvements to stabilize its distribution network. Through these changes, TMON aims to restore trust with sellers and transform into a sustainable, mutually beneficial platform.
Consumer events related to the reopening are in their final review phase, with event schedules and details to be announced through official channels later.
A TMON representative stated, “We are doing our utmost to prepare to provide better services to both consumers and sellers with this reopening,” and added, “We ask for your interest and anticipation for the reopening of TMON.”