Colosseum Taps Daishin Securities to Lead IPO

Global logistics DX (Digital Transformation) leading company Colosseum Corporation has officially commenced its listing procedures by selecting Daishin Securities as the lead underwriter for its Initial Public Offering (IPO). Established in 2019, Colosseum has grown based on an innovative business model that transforms traditional warehouses into digital logistics hubs. Through its core solution, logistics SaaS 'COLO AI', and global logistics expert group 'FD', it has established a network of 53 logistics centers both domestically and internationally, offering diverse fulfillment services such as e-commerce, B2B, and cross-border, as well as comprehensive logistics consulting. Over the past three years, it has recorded an average annual sales growth of 191%, achieving cumulative sales of 100 billion KRW and cumulative logistics volume of 6 million cases, drawing significant attention from the industry. Currently, it is actively expanding its business through 12 overseas bases, including the US, Japan, and Taiwan. Notably, in collaboration with global beauty platform CTK, it operates a fulfillment center in the US, actively supporting the local expansion of K-beauty brands. The company is accelerating its expansion into the Asian market by pursuing the establishment of subsidiaries in Japan and Singapore. The company has presented ambitious goals to grow sales by more than three times and secure 100 global logistics bases with specialized functions such as cold storage and customized packaging by 2026. CEO Park Jin-su revealed his vision to leap beyond a successful IPO to become a leading logistics DX partner in Asia through cooperation with Daishin Securities. Based on a customer-centric philosophy and AI-powered technology, the company plans to strengthen its competitiveness in the global logistics market. Meanwhile, Colosseum secured 27 billion KRW in Series B funding last June and has established a robust management system through the issuance of multiple voting rights shares.