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NPX Capital – An Alternative Investment Firm in Korea
NPX Capital is changing the way venture capital operates. Korean VC firms are known to fund tech startups for a percentage of the equity in the hope of getting 100x returns with an IPO within 5-10 years. If these VCs got lucky, they would get 2-3 startups to that point. However, times have changed…
South Korean Legal Services for Foreign Entrepreneurs
It is crucial to review local laws and regulations to avoid unnecessary risks before entering the local market by supplying a pre-existing product or service from oversea startups or establishing a new business in South Korea as a foreign entrepreneur. There are a lot of great lawyers in Korea who…
K-Beauty is Taking Over the Global Skin Care Industry
Korean Beauty (K-Beauty) started the "skincare wave" and since then has taken over the global skincare industry. Much of the growth of K-Beauty comes from the Korean wave (Hallyu). As Korean culture continues to grow, more and more Korean beauty products get exported globally. This results in a…
E-Commerce Solutions in Korea Helping Businesses Go Online
COVID-19 has forced many businesses in Korea to go out of business, others were able to adapt. Adapting often meant going online as more and more consumers in Korea have also transitioned to online shopping. South Korea is now an e-commerce powerhouse and ranks 2nd globally in terms of online…
Korean Cab-Hailing Startups Revolutionizing the Ride-Hailing Industry
When it comes to cab-hailing services, Kakao Taxi reigns supreme in Korea with an 80% market share. The size of the taxi market in South Korea is over $7 billion. Therefore there is plenty of room for Korean cab-hailing startups to enter the space. Kakao Taxi has been around since 2015, and it lets…
