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The ASAN Nanum Foundation
The Asan Nanum Foundation was established by Hyundai Group in 2011, and they aim to support young entrepreneurs and their innovative ideas that make a social impact. As of 2023, the foundation has helped over 400 startups in Korea. The foundation was founded on $525 million in funding from the…
Korean Fundraising 101 the Basics of Raising Money in Korea
South Korea is becoming one of the most vibrant nations in the world and a growing tourist destination. South Korea has come a long way since the Korean War where their national income per citizen was the same as the country Ghana. In 60 years they have become one of the top economic powers in the…
Cryptocurrency in Korea – The Hacking of Upbit
The biggest news regarding cryptocurrency in Korea has been the hacking of Korea's top cryptocurrency exchange Upbit. Upbit was hacked for $50 million worth of Ether. This beat the news of Bithumb's hacking of $13 million in EOS and $6 million in XRP back in March. Upbit ended up suspending all…
Best Logistics Companies in Korea for eCommerce Fulfillment Solutions
When managing eCommerce orders there are a lot of things businesses have to consider. The three main considerations include warehousing, shipping, and fulfillment. South Korea and Seoul in particular do a great job getting products bought online to customers' homes. There are great logistics…
Data Science Startups in Korea using AI with Analytics
Data is driving the future of many businesses around the world. It is crucial in creating innovative products/services, offering better customer service, and making smarter decisions. It is safe to say that data science has become a core business function. Now there are data science startups in…
Korean Startups Using Recycled Material to Create Cool Products
Korean Startups using recycled material to create innovative products are on the rise. South Korea has been ranked the second highest country when it comes to having a circular economy. Circular economies minimize waste and make the most of recourses. This is in large part to the Ministry of…
