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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…
Proptech Startups in Korea Digitizing the Real Estate Industry
Seoul is one of the most developed cities in the world. Thanks to telecommunications companies like SK and KT who have spent over $40 billion setting up key infrastructure for their high-speed 5G networks there are new innovative solutions offered up by Proptech startups in Korea. The South Korean…
English Teaching Startups in Korea Transforming Language Learning
Korea is passionate about education, mainly English education, as it is a required subject for all University entrance as well as employment. With the advancement of technology, the EdTech sector has grown rapidly in Korea. There are many Korean EdTech startups that are creating new ways of…
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…
