Coupang is building a $31M smart logistics center in Busan. Small-ticket capex, but it reinforces the fulfillment-density story: speed drives volume, and volume has to carry the margin. $CPNG

What happened: Coupang Logistics Service signed an MOU with Busan Metropolitan City to build an AI-powered smart logistics center in the port city. Key numbers: About 42 billion won ($31 million) investment. Roughly 670 direct and indirect jobs. Four floors spanning about 44,000 square meters in an eight-story facility. Why it matters: Busan expects the project to expand local employment and stimulate the regional economy, while CLS says it strengthens customer service competitiveness. The city will provide administrative support for implementation.

Coupang Logistics Service signed an MOU with Busan Metropolitan City to build an AI-powered smart logistics center in the port city.

Busan expects the project to expand local employment and stimulate the regional economy, while CLS says it strengthens customer service competitiveness. The city will provide administrative support for implementation.