正式破产！超10万人“一分钱都拿不回来”

Group 1 - WeMakePrice, a South Korean e-commerce platform, has officially declared bankruptcy due to debt issues, as ruled by the Seoul Bankruptcy Court on November 10 [2] - The company filed for restructuring on July 25, 2024, and after 1 year and 4 months, it was declared bankrupt. The deadline for creditor claims is January 6, 2026, with a creditors' meeting scheduled for January 27 [4] - Approximately 108,000 victims are affected by WeMakePrice's debt, with total losses amounting to about 580 billion KRW (approximately 2.8 billion RMB). The company's total assets are reported at 48.6 billion KRW (approximately 2.4 million RMB), while total liabilities reach 4.462 trillion KRW (approximately 22 billion RMB) [6] Group 2 - A committee formed by the victims has stated that they will receive a "0% recovery rate," meaning they will not recover any funds. This situation highlights the inadequacies of South Korea's current legal system in addressing issues within the online commerce industry [6] - WeMakePrice and TMON, both subsidiaries of the Singapore-based Qoo10, were once the fourth and fifth largest e-commerce platforms in South Korea. Both companies faced operational difficulties and filed for restructuring due to unpaid merchant payments and delayed consumer refunds [6]