The regulator said Friday it will ask major e-commerce platforms operating in South Korea, including China's AliExpress and Temu, to submit data on their businesses for market analysis.The Fair Trade Commission (FTC) said it launched in-depth research on the online retail market following a monthslong preliminary study and will ask 40 major platforms to submit data on their business structure, logistics system and profit models, among other things.The list of companies include Coupang, Naver, Kakao, CJ Olive Young, AliExpress and Temu, the FTC said, adding that they have either more than 1 million active monthly uses, a net monthly payment amount of over 100 billion won (US$72.49 million) or more than 1 million number of payments per month."The study aims to better respond to competition, innovation and other issues in the fast-growing sector under the fast-changing business circumstances. Data from the companies will be used only for research purposes," an FTC official said.The regulator will draw u p and make public a policy report by the end of this year.Source: Yonhap News Agency

Recent Posts
Taiwan High Speed Rail Faces Overcrowding During Mid-Autumn Festival Travel
September 27, 2026
Japanese University Students Highlight Taiwanese Tea at Tokyo Expo
September 27, 2026
Taiwan to Experience Changing Weather Patterns Starting Thursday
September 27, 2026
U.S. Taiwan Policy Remains Unchanged After Trump-Xi Summit
September 27, 2026
Taiwan’s Foreign Minister Embarks on Diplomatic Mission to Central America
September 27, 2026
Taiwan Secures Silver Medals in Kurash and Weightlifting at Asian Games
September 27, 2026
Taiwan Towel Incident Sparks Controversy at Asian Games
September 27, 2026
Taiwan Secures Bronze in Asian Games Baseball with Win Over China
September 27, 2026
Taiwan’s Fu Chao-hsuan Wins Gold in Men’s High Jump at Asian Games
September 27, 2026
Fu Chao-hsuan Wins Gold in High Jump at Asian Games
September 27, 2026
Trump and Xi Remain Silent on Taiwan Discussion During White House Meeting
September 25, 2026