When companies need to reach profitability fast, it's time to call in the Geek+ bots.
Bloomberg News reports that Coupang, the Korean version of Amazon, is rapidly building smart warehouses across the country filled with thousands of Geek+ robots. The initiative is an attempt to speed up delivery and recoup billions of dollars in losses and achieve profitability.
The Korean eCommerce giant has invested $260 million in its 12-story smart warehouse in Daegu, Korea. The warehouse uses Geek+ Goods-to-Person picking and S20 sorting robots.