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Kakao Enterprise makes its move into digital logistics

Published: 03 May. 2022, 19:10

Kakao Enterprise CEO Baek Sang-yeop speaks at a launch event for Kakao i LaaS service at the Westin Chosun Hotel, central Seoul, Tuesday. [KAKAO ENTERPRISE]

Kakao Enterprise officially started its digital logistics service Tuesday with a vision of leading the digital transition of the logistics market.

“Kakao Enterprise aims to connect various logistics players with each other, further expand such networks and come up with solutions for today’s complex and diverse logistics sector,” said Kakao Enterprise CEO Baek Sang-yeop during a conference held at the Westin Chosun Hotel in Jung District, central Seoul, on Tuesday.

Kakao Enterprise, a Kakao subsidiary that offers artificial intelligence (AI)-based cloud services to companies, announced that its logistics business unit Kakao i LaaS, which stands for Logistics as a Service, is now officially up and running after four months of trial runs.

Powered by the company’s AI and cloud technology, Kakao i LaaS service is meant to digitalize the whole logistics process, from distribution to fulfillment and delivery. It will connect freight companies to logistics centers, provide data analysis for their products, and offer a digital monitoring service for the whole process.

“We may become [the Airbnb of the logistics],” said Kim Won-tae, who is leading the Kakao i LaaS business.

Kakao Enterprise plans to extend its business overseas in the future by connecting local companies with logistics centers abroad.

“I could see how important digital transformation is for today’s logistics industry,” said Baek, adding that “Kakao Enterprise will actively support the business so that every participant can focus on creating value together and provide consumers with more reasonable services.”

BY SHIN HA-NEE [[email protected]]