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NFTs in Korea – The Newest Cryptocurrency Craze
An innovative funding model is starting to build momentum in South Korea for industries art, collectibles, media, gaming, and even music. This funding model is called NFT which stands for non-fungible token. Think of NFTs as a digital certificate of authenticity for anything from an object, video…
Entrepreneurs in Korea Should Turn Their Passion into Profit
Entrepreneurs in Korea, we've all heard this age-old saying...If you do something you love, you'll never work a day in your life.....but for many of us, the thought of turning our passions into profits is nothing but a distant dream. And, let's be honest, this can't be truer for many millennials in…
How Korean Startups can enter the German Market
For many startups in Korea looking to enter the European market, Germany has become their prime destination. As the UK has left the EU, Germany is now regarded as the top economic power in the region. They are considered the largest economy in Europe and the 4th largest globally. Therefore,…
Korean E-Commerce Startup Linkshops puts Dongdaemun Online
Dongdaemun is now online thanks to a Korean e-commerce startup called Linkshops, an online Korean apparel shopping mall. Linkshops has over 1 million items from over 8,000 stores. For those that are unfamiliar with Dongdaemun, it is the biggest offline shopping district in Seoul. The Dongdaemun…
BMW Group Korea Looking for Innovative Startups in Korea
BMW Group entered the South Korean market by setting up a subsidiary in 1995. For the next 25 years, they have built a strong presence in South Korea and have invested over $350 million to date. This had lead to thousands of new jobs and new facilities across Korea. Recently, there has been a…
Seoul Fintech Lab – Incubation Program for Fintech Startups
There has been a rise of promising Fintech startups in Korea. So far there are over 400 Fintech companies in South Korea. Furthermore, the Korean government also realizes the potential of Fintech in enableing financial inclusion. Therefore, the financial services industry has quickly become a major…
