Coupang to expand Rocket Delivery in North Chungcheong with new $14 million logistics center

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Coupang to expand Rocket Delivery in North Chungcheong with new $14 million logistics center

Published: 20 Nov. 2024, 16:51 Updated: 20 Nov. 2024, 18:38

CHO YONG-JUN
[email protected]

Audio report: written by reporters, read by AI

Coupang Logistics Service CEO Hong Yong-jun, center, poses for the camera after signing a memorandum of understanding with Jincheon County, North Chungcheong for a new logistics center. [COUPANG]

Coupang Logistics Service (CLS), the logistics subsidiary of Coupang, will invest 20 billion won ($14 million) in a new logistics center in Jincheon County, North Chungcheong, with an aim of starting operations by January 2025.

The 195,700 square-foot sub-hub, which connects the e-commerce operator’s larger warehouses to its smaller delivery centers, will help expand Coupang’s Rocket Delivery service in the region.

“Coupang will prioritize hiring talent from Jincheon County to provide a stable workplace for the locals,” CLS COE Hong Yong-jun said in a press release Wednesday, which specified that the facility will hire 400 employees from the surrounding area.

Coupang announced its plan in March to invest 3 trillion won to create nine logistics centers outside the greater Seoul area, including in Daejeon, Gwangju and cities in North Gyeongsang, by 2026.

BY CHO YONG-JUN [[email protected]]