Korean AI Startup 'DeepSales' Secures 4,000 Tons of Urea Solution

Contact with Vietnamese Manufacturer
"Arriving in Korea Next Month"
Utilizing Data and AI Technology

[Asia Economy Reporter Kim Bo-kyung] Amid concerns over rising logistics costs due to a shortage of urea solution, a Korean artificial intelligence (AI) startup has secured 4,000 tons of urea solution in Vietnam.

DeepSales, an AI-based B2B (business-to-business) company, stated, "The total amount of urea solution obtained in Vietnam is 4,000 tons," adding, "We are pushing for shipment in December, and it is expected to arrive in Korea by next month at the latest."

DeepSales is an AI startup in the trade sector established this year. It operates a service that matches sellers and buyers worldwide with a high probability of successful transactions using AI technology.

On the 10th, after receiving purchase requests for urea solution from existing buyers, DeepSales analyzed companies capable of exporting urea solution using its proprietary algorithm called 'DeepRank.'

Utilizing technology that identifies global urea solution production plants, companies handling urea and urea solution, and other companies dealing with similar products that might handle urea solution, along with vast supply chain data, they found companies capable of supplying urea solution.

DeepSales traders immediately contacted manufacturers who could supply the product, and after several days of negotiations, they succeeded in securing a supply contract for urea solution.

A DeepSales representative said, "We possess innovative technology that analyzes essential information for successful transactions from multiple angles, including product and company information, transaction data, and customs information from manufacturers and distributors worldwide, which enabled us to quickly find urea solution."

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