Techtaka

Techtaka

Provides one-stop logistics system, which improves logistics operation processes at low cost.

HQ location
Seoul, South Korea
Launch date
Employees
Enterprise value
$42—63m
Company register number
2058801505
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DateInvestorsAmountRound
investor

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N/A

Early VC
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD20212023
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Source: Dealroom estimates

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More about Techtaka
Made with AI
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Techtaka operates as a technology-driven logistics company, providing a comprehensive fulfillment solution for the e-commerce sector. Established in May 2020 by CEO Soo Young Yang and CTO Kyung Wook Lee, the firm leverages the founders' extensive experience as software engineers at e-commerce giants like Amazon and Coupang. Their background in logistics and optimization directly informed the company's mission to offer fast and reliable delivery services. The company launched its flagship service, Argo, in March 2021.

The core of Techtaka's business is its proprietary 5PL integrated logistics platform, Argo, which automates and manages the entire e-commerce flow from demand forecasting to order management, warehousing, inventory control, and final delivery. This one-stop system is designed for online sellers, allowing them to focus on their core business of product development and marketing while Techtaka handles all logistical complexities. Revenue is generated through fees for these third-party logistics (3PL) and fulfillment services. The platform uses AI to analyze shipment patterns, predict stock levels, recommend optimal packaging, and determine the most efficient routes for warehouse operations and deliveries. This has been shown to reduce supply chain processing time by 20%.

Techtaka serves a growing client base of over 170 e-commerce merchants in South Korea. A significant milestone was its integration with Naver's SmartStore and joining the Naver Fulfillment Alliance (NFA), which markedly increased its revenue and customer numbers. This partnership enables Techtaka to offer Naver's guaranteed arrival service with a same-day shipping rate of over 99.9%. The company is expanding its global footprint, having established a subsidiary in the U.S. with two logistics centers and another in Tokyo, Japan. It aims to support Korean vendors selling on international marketplaces like Amazon, Shopify, and TikTok Shop, with plans to extend services to European and Southeast Asian markets.

Keywords: e-commerce fulfillment, logistics automation, 5PL platform, supply chain optimization, third-party logistics, warehouse management system, Argo platform, cross-border e-commerce, inventory management, AI in logistics, order fulfillment, Naver Fulfillment Alliance, last-mile delivery, fulfillment services, SaaS logistics, global shipping, Soo Young Yang, Kyung Wook Lee, Amazon FBA integration, Shopify logistics, TikTok Shop fulfillment

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