Leveraging their extensive retail networks, GS Caltex and SK Energy launch joint parcel delivery service

South Korean oil companies GS Caltex and SK Energy announced that they have jointly launched a parcel delivery service on a trial basis in Seoul called Homepick. Capitalizing on the growth of e-commerce, GS Caltex and SK Energy said Homepick will be available nationwide in South Korea in September.

The two oil majors are cooperating with South Korea’s leading parcel delivery company, CJ Logistics Corp., who will pick up the packages collected at their respective service stations and delivered to their final destinations by local startup Zoomma. Customers can place their online orders via CJ Logistics or via Homepick’s website.

The new business aims to boost operating profit at SK Energy’s vast retail network, which currently numbers 3,552 service stations, and GS Caltex’s additional 2,553 service stations, nationwide.

By using their service stations to collect customer packages, the parcel delivery service can significantly reduce delivery time and enhance customer convenience. The two companies will look into ways to further expand their partnership by sharing their other assets.