CJ Freshway achieves **961.4 billion won in Q3 revenue**, a 7% year-on-year increase. Its **transaction volume hits 1.4371 trillion won**, up 17%, while operating profit declines by 29% due to higher investment costs. The company’s **Sikbom service surpasses 100 billion won in quarterly transaction volume for the first time**, reflecting sustained growth in key businesses.
CJ Freshway reports **6.7% year-over-year sales growth** in Q3, driven by its online grocery platform. The company’s **gross merchandise volume (GMV) rises 16.9% to 1.44 trillion won**, with its digital platform **Sikbom surpassing 100 billion won in quarterly transactions for the first time**. The expansion highlights the company’s push into e-commerce for fresh food distribution.
CJ Freshway, South Korea’s largest foodservice distributor, acquires **Marketboro**, operator of the online foodservice platform **Sikbom**. The deal aims to strengthen CJ Freshway’s position in the **$20.4 billion** online foodservice market, targeting independent restaurant operators where digital adoption remains low. Sikbom’s platform will serve as CJ Freshway’s growth engine in this underserved segment.
CJ Freshway’s operating profit declines by 14% in Q2 as the company redirects funds toward its online food ingredient platform, **Sikbom**, to strengthen future growth. Despite a struggling restaurant sector, its food ingredient distribution and institutional catering segments still expand. Meanwhile, **Sikbom’s online sales jump 51%**, reflecting aggressive market positioning.
