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Ways AI and Big Data can Change the Beauty Industry – LAKELAB
The global beauty industry is a $530 billion industry and growing fast. It is estimated that it will reach over $800 billion by 2023. The growth is due to the rise in online sales, traditional retailers launching their own brands, and the consumer’s willingness to search and try new brands. Thanks…
The Korean Education System Needs to Focus on Entrepreneurship
South Korea is famous for educating its youth. However, this fame is not always positive. The Korean Education system is focused a lot on exam results and getting into the best universities in Seoul. This was the history in Korea where the only way to improve your life was through passing exams.…
How Korean Startups Can Keep Their Talent – Best Tips
The talent shortage is a very real problem. In today's “gig” market, “quitters are winning”. (David Harrison, Eric Morath. July 4, 2018) The Wall Street Journal noted that employees who voluntarily leave their job with the confidence and the right skills can potentially be rewarded with a 30…
Fitness Startups in Korea on the Rise
Before COVID, fitness startups in Korea have been revolutionizing the industry. Many are developing innovative new technologies and business models. They were getting a lot of attention from investors in Korea as these startups were making it easier and more affordable than ever for people to get…
Startups Offering Travel and Tour Packages in Korea
When planning a trip to South Korea, there are a few factors to consider. First and foremost, travelers must decide what kind of experience they want. Are they looking for a traditional cultural experience? Or are they interested in exploring the country's natural beauty? Once that decision is…
Top Korean Travel Startups Disrupting the Tourism Industry
COVID-19 has been brutal to the travel industry not just in Korea but all around the world. However, before this outbreak, the travel industry in South Korea was on the rise. With the rise of Korean culture in regards to Kpop, entertainment, fashion, and beauty, an estimated 16 million…
