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The Korean New Deal – A Complete Breakdown
As the Korean government looks to recover from the coronavirus pandemic, Asia's 4th largest economy will need to deal with not only high unemployment but the closing down of many businesses in Korea. Therefore the Korean government has recently announced the Korean New Deal which plans to invest…
The Reason Why Korean Startups Only Last a Year
Here is a reality that most Korean startups need to know and understand. Over 70% of all Korean startups only last a year. These startups set up operations in all kinds of sectors such as e-commerce, health care technology, robotics, AI, logistics, IoT, and etc. Close to 800,000 startups all over…
When Will Seoul to Launch their own Cryptocurrency the S-Coin?
China made headlines in cryptocurrency when it launched its pilot digital yuan (e-CNY) in early 2022. The digital currency works through a mobile app, e-CNY, available on Android and Apple app stores. The pilot program included 23 cities in China, such as Beijing and Shanghai. In South Korea, in…
Fastest Growing Marketing Startups in Korea
South Korea has a very large advertising market with around $10 billion in advertising spending a year. Most are from the top conglomerates such as Samsung, Hyundai, and LG. In addition to Korea's top tech companies like Naver, Kakao, SK, and KT. According to several industry sources, the Korean ad…
Startups in Korea offering Personalized Products for K-Beauty
Personalization in beauty will be the prime driver for beauty brands in the next decade. So far the beauty industry has already seen an acceleration of personalized beauty not just in retail but across all beauty sectors. K-beauty has already seen this trend happen. Personal consultation,…
