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P2P Marketplaces: Connecting Koreans to the Global Bitcoin Market
South Korea is considered one of Asia’s major cryptocurrency trading hubs, especially in December 2017 when bitcoin (BTC) gained swift popularity among crypto markets because of an event known as the “Kimchi Premium.” During this time, BTC’s price in South Korean markets skyrocketed at 43 percent…
#AsiaRocks a Gateway for Startups to Enter Asian Markets
In 2019, Taiwan Startup Stadium launched its first-ever #AsiaRocks event in Taiwan. #AsiaRocks aims to bring together prominent ecosystem builders across APAC to provide startups a whole new gateway to Asian markets. Through the exhibition, keynote speeches, panel discussions, and networking…
ZEPETO is the largest Metaverse platform in all of Asia
ZEPETO is the largest Metaverse platform in all of Asia. It was created by Naver Z Corp. the metaverse arm of Naver, South Korea’s top search engine. The metaverse platform has over 300 million users and averages 20 million monthly active users from all around the world. It does not compare to…
Korean Cosmetic Industry – Overview of the K-Beauty Market
Due to the rise in demand for K-Beauty products in the United States and Asia, exports of cosmetics in Korea went up 16% in 2020 to $7.5 billion. The data was collected by the Korea Customs Service and the Korea Cosmetic Association. This means that South Korea is currently the 9th largest…
Clova by Naver – The Siri of South Korea
The AI technology sector in Korea is on the rise. AI is now incorporated into smartphones via virtual assistants such as in the case of the iPhone's Siri. South Korea has its own "Siri" and it is CLOVA, a virtual assistant developed by Korean Internet giant Naver. Most global IT companies have…
