Colosseum Corporation (CEO Jin-soo Park) announced on the 12th that Director In-hyung Yoo received the Minister of Trade, Industry and Energy's Award at the 62nd Trade Day ceremony. This award was established to encourage companies and traders who have contributed to strengthening Korea's export competitiveness amid global uncertainty.
Director Yoo In-hyung, a logistics tech expert supporting the global expansion of K-brands, received the award in recognition of his continued expansion of overseas logistics networks and the performance of global fulfillment operations. Colosseum has been building a K-global logistics innovation model by promoting the digital transformation of existing warehouses based on its network of 53 logistics centers worldwide, its AI logistics SaaS "Colo AI," and its global logistics expert organization, Fulfillment Director (FD).
This year, we strengthened our global network by securing 12 overseas bases in the US, Japan, Taiwan, Thailand, Vietnam, and Malaysia. This has helped various Korean brands, including K-beauty brands, accelerate their growth in overseas markets.
Colosseum is also continuing its logistics expansion in Asia. Colosseum recently established a local subsidiary in Japan and is currently in the process of establishing a subsidiary in Singapore. The company plans to strengthen its logistics infrastructure in each country to enable K-brands to adapt to the changing logistics environment in key Asian markets and accelerate business expansion.
Director Yoo In-hyung said, “This award is the result of the efforts of all executives and employees,” and added, “We will continue to provide strategic and systematic logistics support so that K-brands can secure competitiveness in the global market amid the spread of the K-trend.”
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