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CJ Logistics considers selling Chinese unit CJ Rokin

By Yonhap

Published : Oct. 7, 2020 - 19:46

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(CJ Logistics) (CJ Logistics)

CJ Logistics, the logistics unit of South Korea's food and entertainment conglomerate CJ, has been considering selling one of its Chinese units, CJ Rokin, a company official said Wednesday. 

The move is a part of the company's adjustment of its business portfolio in China, according to the official. 

CJ Rokin was set up in 2015 after CJ Logistics acquired a 71.4 percent stake in Rokin, then the biggest refrigerated shipment service firm in China.(Yonhap)