Naver, CJ Logistics to improve delivery partnership

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Naver, CJ Logistics to improve delivery partnership

Published: 11 May. 2022, 15:23

An employee works at a fulfillment center jointly operated by Naver and CJ Logistics in Gunpo, Gyeonggi. The companies plan to open at least six more fulfillment centers this year, continuing their partnership. [CJ LOGISTICS]

Naver and CJ Logistics plan to extend their partnership in deliveries, opening more fulfillment centers and offering faster service.

The companies announced Wednesday that they will jointly open at least six fulfillment centers this year. With the new centers, CJ Logistics will handle more deliveries for sellers on Naver Shopping, an e-commerce service integrated into internet portal Naver.

One will be opening in Icheon, Gyeonggi, in June and more will come in the greater Seoul area in the second half of this year.

Naver’s artificial intelligence-based analytics program Clova Forecast will be used at the facilities to predict orders and adequately stock each center.

CJ Logistics has been handling some Naver Shopping deliveries following a share-swap deal in October 2020. Naver acquired shares of various CJ Group companies, including a 7.85 percent stake in CJ Logistics for 300 billion won. The logistics company acquired 0.64 percent of Naver also for 300 billion won. They currently jointly operate fulfillment centers in Gunpo and Gonjiam, both in Gyeonggi.

The two companies only offer next-day deliveries for daily necessities sold by 137 brands on Naver Shopping, but plan to increase the number of products eligible for the service this year.

From May 2, baby products purchased before 10 a.m. are delivered the next day. The service will be offered for pet products and small home appliances in the future.

Naver and CJ Logistics will test their dawn delivery service in the second half of this year, aiming to deliver goods to customers by early morning the next day.

“We plan to continue to partner with Naver to increase delivery volume and develop new logistics models to offer new and unique delivery services to our customers,” said Ahn Jae-ho, head of CJ Logistics’ e-commerce division.

BY LEE TAE-HEE [[email protected]]