Post Office to Handle '11st Today Shipping · Sangsaeng Delivery'

On the 18th, ahead of Chuseok, officials are sorting Chuseok holiday gifts and parcel items at the Dong Seoul Postal Logistics Center of the Korea Post in Gwangjin-gu, Seoul. Photo by Hyunmin Kim kimhyun81@

[Asia Economy Reporter Hwang Junho] The Korea Post under the Ministry of Science and ICT will provide logistics services to 11st. On the 16th, both parties signed a strategic business agreement to expand distribution and logistics cooperation services and support small business owners.

Through this agreement, the Korea Post will handle the entire logistics process including receipt, storage, shipment, delivery, and inventory management of 24-hour cutoff products in the 11st same-day shipping service via the Daejeon Postal Logistics Center. This will enable nationwide next-day delivery service. The Korea Post expects improvements in delivery services for ordered products, reduction in logistics costs for sellers, and increased sales due to extended cutoff times.

The Korea Post will also provide the 'Win-Win Delivery' service through post office courier starting next year. Win-Win Delivery is a product designed for small business owners such as startups and SOHO sellers who find it difficult to contract courier services due to small shipment volumes. If small business owners apply through the 11st seller site, 11st sellers can conveniently use courier services at low costs regardless of shipment volume. For shipments of 10 or more items at once, direct pickup by the post office is also available. To celebrate the launch, a discount on courier fees will be offered to new subscribers for three months.

Park Jongseok, head of the Korea Post, said, "We hope this agreement will serve as an opportunity to foster a healthy courier culture in the e-commerce market and strengthen the online sales capabilities of local small business owners such as startups."

Lee Sangho, CEO of 11st, stated, "With the cooperation of the Korea Post, which provides reliable courier services nationwide based on a solid logistics network, the new delivery service to be introduced to 11st customers will become a growth engine for 11st in the new year."

This content was produced with the assistance of AI translation services.