Home » Business » Coupang “Rocket supply is getting tougher… mutual earnings of CJ Logistics and Naver?

Coupang “Rocket supply is getting tougher… mutual earnings of CJ Logistics and Naver?

With Coupang fined by the Honest Commerce Fee and voices elevating issues in regards to the enterprise viability of its ‘rocket supply’ service, some analysts say CJ Logistics and Naver will get the benefits.

Particularly, CJ Logistics predicts that Naver could have a brand new share value development as Naver expands its supply service this yr by its personal logistics service, and logistics cooperation with Shinsegae Group has additionally began.

Aside from Coupang, which gives Rocket Supply, a next-day supply service, primarily based by itself logistics community, most procuring platform firms use CJ Logistics’ logistics community for supply.

Nevertheless, CJ Logistics’ inventory value didn’t reply instantly. In keeping with the Korea Trade, the inventory value of CJ Logistics rose 2.16% on the day of the Coupang positive incident, rose 4% through the day, and closed down 0.2%. Naver solely rose 0.89% over two days.

Coupang was fined 140 billion received by the Honest Commerce Fee. It’s because Coupang’s rating search algorithm has been manipulated to encourage the acquisition of personal model (PB) merchandise.

Nevertheless, since this positive is greater than 20% of Coupang’s annual working revenue final yr, Coupang instantly protested, saying that including a positive may prohibit the choices of shoppers who use Rocket Supply.

Particularly, they mentioned they’d clarify the unfairness by an administrative lawsuit.

The business believes that Naver and logistics firms can use this as a possibility to broaden their affect. The enchantment of a one-day supply service that may substitute rocket supply could possibly be a possibility to broaden clients at a time when the value of a Coupang subscription has virtually doubled this yr.

In actual fact, Naver has been utilizing the logistics community of logistics firms resembling CJ Logistics since final April to launch ‘Naver Arrival Assured’, a one-day supply service.

In the event you order the product earlier than 11am, it will likely be assured to reach on the identical day. Beginning with Seoul and Gyeonggi-do, we plan to broaden the realm subsequent yr.

Naver additionally begins Sunday supply ranging from the metropolitan space. Even if you happen to order on Saturday, you’ll obtain it on Sunday. Sunday supply is delivered by the CJ Logistics logistics community.

Particularly, additionally it is excellent news that annual gross sales will enhance to 300 billion received by logistics cooperation with CJ Logistics and Shinsegae Group. Daishin Securities maintained its funding opinion of ‘purchase’ and a goal inventory value of 175,000 was earned for CJ Logistics. The closing value of CJ Logistics on the earlier buying and selling day was 99,300.

Because the Shinsegae Group’s each day supply quantity is excessive, it’s anticipated to assist CJ Logistics’ gross sales.

Presently, G Market’s Smile’s supply quantity is understood to be round 2.5 million gadgets per thirty days, and Sseok.com’s supply quantity is understood to be round 2 million gadgets per thirty days.

Yang Ji-hwan, a researcher at Daishin Securities, mentioned, “We estimate that Shinsegae Group’s annual supply quantity might be round 50 to 55 million gadgets,” he added, “Primarily based on CJ Korea Specific’ supply quantity of round 1.6 billion final yr. , this guide represents about 3.4%.

Researcher Yang continued, “It’s identified that Shinsegae Group is contemplating a plan to entrust CJ Logistics with the acquisition of agricultural merchandise from E-Mart,” he added, “If E-Mart’s buy of agricultural merchandise from shops including native, the quantity related to Shinsegae Group may enhance as much as 100 million gadgets a yr.

2024-06-16 05:23:29
#Coupang #Rocket #supply #tougher.. #mutual #earnings #Logistics #Naver

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