SEOUL, Mar. 25 (Korea Bizwire) – Alibaba Group, the Chinese e-commerce behemoth behind platforms like AliExpress, has announced plans to invest $200 million to establish a logistics center in South Korea, setting off alarm bells across the country’s e-commerce and logistics industries. The move to secure a Korean logistics hub, the first since Alibaba’s entry into [...]
SEOUL, Nov. 29 (Korea Bizwire) — The Seoul Metropolitan Government said Monday it will start an experimental project to transform gas stations into logistics hubs of the future. The growing popularity of online transactions and diversifying logistics channels have resulted in higher demand for distribution, but warehouses and logistics complexes in the capital city only [...]
SEOUL, Sept. 17 (Korea Bizwire) — With the expansion of the ‘quick commerce market’, which offers guaranteed delivery within an hour, South Korean firms are employing gas stations as warehouses and logistics hubs. It has become a new alignment of interest between the quick commerce industry that needs logistics hubs in the heart of the [...]