Colosseum Corporation Inc., a fulfillment startup based in South Korea, has set its sights on global conquest with its nationwide and international network of warehouses and proprietary artificial intelligence-powered one-stop logistics system Colo.“We plan to focus more on global cross-border logistics services,” Park Jinsu, founder and chief executive officer of Colosseum, said in a recent interview with The Korea Economic Daily.“Our five-year experience in handling the local business does not guarantee the success of our global business.
The network is formed with 39 fulfillment centers in Korea and the remaining six in other countries such as the US, Japan and Thailand.“Based on our partnership with warehouses, our collaboration has expanded to include other players in the logistics value chain, and together we can offer integrated (logistics) services,” said the Colosseum founder.“The expanded partnership has created more opportunities.” Colo is linked to scores of multinational marketplaces and e-commerce platforms, including Amazon.com, Coupang, Shopify, Shopee and Lazard, making it easier for small vendors to sell their products to customers.
In November 2022, Colosseum started offering the global version of Colo, its AI-powered one-stop fulfillment program designed to streamline the logistics process and improve efficiency.
The story "Colosseum poised for next leap with global push" has 943 words across 41 sentences, which will take approximately 4 - 8 minutes for the average person to read.
Which news outlet covered this story?
The story "Colosseum poised for next leap with global push" was covered 2 hours ago by Korea Economic Daily, a news publisher based in South Korea.
How trustworthy is 'Korea Economic Daily' news outlet?
Korea Economic Daily is a fully independent (privately-owned) news outlet established in 1964 that covers mostly economy news.
The outlet is headquartered in South Korea and publishes an average of 6 news stories per day.
It's most recent story was published 2 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Positive, indicating that people regard this as "good news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
