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The Esports Industry in Korea – Korean Gaming Culture
South Korea is known for its passion for gaming and Esports. Esports is, short for electronic sports, has become extremely popular in South Korea due to various factors such as easy access for the youth to access high-speed internet, the rise in the cultural acceptance of gaming, and the rise of…
How Global Brands Can Enter the South Korean Market
If you're a company looking to enter the South Korean market, you need to assess your resources, export background, and overall business plan. Understanding how Korean consumers will receive your product or service is essential. Before diving in, it's wise to conduct market research for at least a…
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…
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…
Global Accelerator Programs Korean Startups Should Join
If startups in South Korea really want to grow their global presence, there is no easier way to do so than join global accelerator programs. There are startup accelerator programs in Korea, however many are focused on the Korean market. For startups that have a product or service that can be…
