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Korea’s e-commerce giant Coupang to invest $4 bn in logistics automation

Korea Economic Daily LogoKorea Economic Daily2 mo ago

Korea’s e-commerce giant Coupang to invest $4 bn in logistics automation - Korea Economic Daily

Quick Summary:

The General Chair of Seoul National University’s Center for SoFT meta-Human Cho Kyu-jin said, “Just as the internet led the software revolution, robots will lead the hardware revolution going forward.” By Dong-Hui Parkdonghuip@hankyung.comJee Abbey Lee edited this article.

Coupang founder and Chief Executive Officer (CEO) Bom Kim vowed continued investment in process optimization and automation technology encompassing machine learning (ML) and robotics.

For the Daegu fulfillment center, Coupang deployed robots developed by Seoul-based robotics vision solutions provider CMES.


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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-29 @ 11:41:53 (2 months ago)

News Timezone: GMT +8:00

Ranking: #79 (out of 5486 stories this day)

News Source URL: kedglobal.com

Language: English

Article Length: 292 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 2022419

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About Korea Economic Daily

Korea Economic Daily Logo

Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 6 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 11 hours ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

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The story "Korea’s e-commerce giant Coupang to invest $4 bn in logistics automation" was covered 2 months ago by Korea Economic Daily, a news publisher based in South Korea.

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