CLO Secures 35 Million in Funding to Revolutionize Supply Chain Logistics Industry

CLO(씨엘오), a pioneering media company specializing in supply chain logistics, is thrilled to announce a significant funding round of 35 million dollars to further enhance its offerings and reach in the industry. Established in April 2011, CLO has made its mark with the slogan “Viewing the World through Logistics,” establishing itself as the leading online logistics publication in South Korea according to Alexa traffic metrics. Not only has CLO bravely written about the rising influence of major tech players in logistics, but it has also played a pivotal role in shaping the discourse around logistics startups in the country. The term ‘logistics startup’ was first coined by CLO during its three ‘Logistics Startup Conference’ events in 2015, a concept that has since gained traction among government agencies, including the Ministry of Land, Infrastructure, and Transport. With this new funding, CLO aims to expand its innovative platforms such as the annual LOGISTAR SUMMIT, which has drawn over 600 attendees. The investment will also bolster the production of the logistical market forecast report, LOGISTAR FORECAST, uniquely published in a book format. In addition to these initiatives, CLO will continue hosting its popular “Kim’s Logistics Concert,” where industry insiders gather to share insights and ideas, fostering a vibrant community. Despite the successes, CLO acknowledges that monetizing content remains a work in progress. This funding will serve as a critical step in solidifying CLO’s status as a thought leader while addressing the challenges of a rapidly evolving industry landscape.