E-Mart 24 Franchise Sanctioned for Violating Franchise Business Act
[딜사이트 최지웅 기자] E-Mart 24, a convenience store franchise, was sanctioned by the Fair Trading Commission for forcing some franchisees to open late at night. The Fair Trade Commission announced on the 21st that it was imposing a correction order, a warning, and a fine of 145 million won on E-Mart 24 for violating the […]
Fado’s Stock Plummets as Sales Drop by 97.6%: What Went Wrong?
Fado’s Stock Price Plummets Amid Declining Performance As of 10:50 am on the 10th, Fado’s stock price on the KOSDAQ market was trading at 19,130 won, down 21.19% (5,150 won) from the previous day, and its market capitalization also fell into the range 930 billion won. This significant plunge in stock price is attributed to […]
Financial Authorities Unveil Plan to Mitigate Requirements for Special Technology Listings and Improve System
To mitigate the requirement to change from a multiple technology evaluation to a single evaluation, the financial authorities plan to announce an improved special listing system next month. The plan aims to reduce the time and cost of listing for companies in industries that fall under state-led strategic technology. The system improvement plan will include […]
Lunit, sales of 11 billion in the first quarter… up 269% from the previous year
(Photo = Lunit) Lunit (CEO Seo Beom-seok), a medical artificial intelligence (AI) company, announced on the 11th that it recorded 10.971 billion won in consolidated sales in the first quarter of this year. This is an increase of 268.6% compared to the same period last year, and is close to 80% of last year’s total […]
