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Latest on Korean Startups

E-commerce

Luxury fashion platform Balaan files for court receivership amid slump

South Korea’s top luxury goods e-commerce platform Balaan Co. said on Monday it has filed for corporate rehabilitation with a Seoul court as the cash-strapped startup has been hard hit by the rapidly cooling fever for upscale fashion brands in

Mar 31, 2025 (Gmt+09:00)

3 Min read