HK Logistics

Based in South Korea, HK Logistics specializes in smart cargo transportation services, effectively connecting shippers and carriers through advanced technology-driven solutions. Founded in 2022, HK Logistics is based in Incheon, South Korea. The company operates in the logistics sector, offering services that connect shippers with carriers. The firm has successfully completed 2 deals, and its most recent funding event occurred on October 13, 2025.

HK Logistics received funding from Korea Tech Incubator for Startup through the Accelerator Investment-Driven Tech Incubator Program. Baecha King is a streamlined platform that offers a smart cargo transportation service connecting shippers and carriers. The core offering revolves around its SMART system, which facilitates ultra-convenient cargo booking, rapid dispatch, and optimal freight rates. By leveraging technology, Baecha King aims to resolve inefficiencies in the logistics sector, targeting pain points such as prolonged booking processes and the challenge of finding reliable carriers.

The primary user base encompasses businesses requiring freight services as well as transport professionals seeking efficient job matching. The platform is designed for the South Korean market but has the potential for scalability in other Asian logistics hubs. The company's revenue model is built around transaction-based fees that occur each time a cargo booking is successfully completed through the platform. B2B interactions occur directly between shippers seeking freight services and carriers available for transport, with Baecha King facilitating the connection and charging a fee for its services.

While specific pricing plans are not detailed, it is reasonable to assume that the company may utilize a tiered pricing structure, enabling businesses to select packages based on their transportation needs and frequency of service utilization. The SMART system is central to these transactions, ensuring efficiency and reliability in the cargo transportation process. HK Logistics plans to enhance its AI-assisted TMS platform using the funds raised from the venture funding round on October 13, 2025. The company aims to launch new product features that will be designed to streamline operations further.

Additionally, there are plans to explore expansion into other Asian logistics markets, although specific regions have yet to be identified.