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Colosseum rises to e-commerce challenge with one-stop solution


Colosseum team 
Fulfillment companies are expected to enjoy sharp growth this year, thanks to the global e-commerce boom fueling demand for fulfillment services, which include managing, packaging and shipping products for e-commerce sellers.
According to the Korea SMEs and Startups Agency (KOSME), South Korea has become the world s fifth-largest e-commerce market, following China and the US. Also, the domestic fulfillment market is projected to stand at around 2.6 trillion won ($2.3 billion) this year although fulfillment startup Colosseum Corp. expects it to be larger.
“In New York alone, the fulfillment market is valued at 2.2 trillion won, meaning that Korea s fulfillment market is probably larger given the country s e-commerce growth rate, said Park Jin-soo, the founder and chief executive of Colosseum, in an interview with The Korea Economic Daily on May 12. ....

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