Tmon to Establish Joint Venture with Hyunseong... Developing Fresh Logistics Safe Delivery Service

Jang Yoon-seok, CEO of TMON (left in the photo), and Lee Hee-seong, CEO of Hyunsung, are taking a commemorative photo at the MOU signing ceremony held on the 25th.

[Asia Economy Reporter Kim Bo-kyung] E-commerce company TMON has signed a memorandum of understanding (MOU) with Hyunsung, which possesses technology for developing and manufacturing logistics communication terminals, to develop region-specific fresh food products and safe delivery services.

Jang Yoon-seok, CEO of TMON, and Lee Hee-sung, CEO of Hyunsung, held the MOU signing ceremony at TMON headquarters in Samseong-dong, Seoul, on the 25th.

The two companies agreed to cooperate in building a fresh logistics monitoring system that can manage cold chain status information in real time and in developing services covering everything from the development of region-specific fresh food products to safe delivery. To this end, the two companies plan to form a consortium and establish a joint venture to carry out the business.

TMON will support sales channels using its platform and take charge of developing differentiated specialized products and supporting commercialization together with local producers and small business owners.

Hyunsung will build a system that monitors and manages data such as temperature, humidity, shock, and location of fresh logistics in real time based on its smart logistics service capabilities.

CEO Lee said, "We will make further efforts so that the stabilized service of this project can serve as a foundation for overseas business expansion."

CEO Jang stated, "TMON and Hyunsung will collaborate to solve the problem of sales channel development difficulties faced by local small business owners and lay the groundwork for mutual growth."

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