City Sharing Platform Co., Ltd., which operates the unmanned convenience store IceGo 24, and SeaSpaces Co., Ltd. signed a contract to build a hybrid unmanned convenience store that can be operated manned during the day and unmanned at night.
Through this contract, the City Sharing Platform’s Ice Go unmanned sales system technology, which can sell essential products such as alcohol and cigarettes after 10 p.m., will be applied to two existing C-Space 24 convenience stores for a pilot project. Starting with , the two companies decided to cooperate with the goal of expanding nationwide and expanding new franchise businesses.
In addition, by linking the technology of the city sharing platform with SeaSpaces product sourcing and the logistics of its affiliate Woorin Co., Ltd., we have differentiated ourselves from large conglomerate convenience stores and installed AI unmanned vending machines in hotels, golf courses, resorts, motels, camping sites, apartments, and small business stores. And, by targeting the niche market based on ‘customer flow’ pursued by both companies, a retail tech platform will be built within the immediate vicinity of customers.
Park Jin-seok, CEO of City Sharing Platform, said, “We have only focused on perfecting technology, but we are preparing for floating population by realizing sales through 325 Cspace 24 convenience stores and supplementing weak product sourcing and logistics systems through cooperation with Woori, a logistics distribution company. “We installed Ice Go for free in many places and gained the impetus to start a project to install 1,000 AI unmanned vending machines based on customer movement, sharing the profits from sales of products sold.”
Eunyong Lee, CEO of Seaspaces and Woori, said, “By applying the differentiated unmanned sales system of the city sharing platform and adding our product sourcing and distribution logistics to a new niche market retail platform, we aim to expand the current 325 affiliated stores to 1,000.” “We will use the strengths of both companies to their full potential to change the structure of existing convenience stores and present the direction of Korean-style hybrid convenience stores,” he said.
Meanwhile, the city sharing platform plans to use this business agreement as an opportunity to attract full-scale investment, mass-produce products, and install 1,000 AI unmanned vending machines nationwide to achieve its sales goal of KRW 20 billion in 2023.
City Sharing Platform is installing and operating AI unmanned vending machines in 41 stores nationwide, and Seaspaces is one of Korea’s six largest convenience store operators and operates 325 stores nationwide. Woori is a logistics company that supplies ordered products to 1,397 individual convenience stores across the country.
Source: Pangyo Techno Valley Official Newsroom
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