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6 Mistakes Global Brands Make When Entering South Korea
Having a localization strategy is key when entering new markets. This is no different for entering South Korea. South Korea is a fast-growing market for global brands looking to target tech-friendly consumers. The retail eCommerce space alone is estimated to reach $100 billion by 2024. South Korea…
N15 Partners Supports Korean Traditional Culture Startups
The 2020 Young Entrepreneurship Support Project for Korean Traditional Culture, a campaign hosted by the Ministry of Culture, Sports, and Tourism and organized by the Korea Craft & Design Foundation, was a huge success. In November 2020, the project opened applications to support early-stage…
Why Startups in Korea are Lining up to be a part of Lotte Ventures
Lotte Accelerator has since its 2016 inception become one of Korea’s most active and accomplished accelerators. They provide in-house venture capital, a nexus between startups and corporates, and L-Camp (six-month accelerator program). Lotte Accelerator is a Corporate Accelerator of Lotte Group.…
Robotics Startups in Korea at the Forefront of Innovation
Will robots replace the human workforce? It seems inevitable as they are becoming increasingly prevalent in almost every industry. They can be found in manufacturing, education, and even healthcare. This is thanks to the advancement in engineering, science, and AI which have helped produce…
SaaS Startups in Korea Offering Business Solutions for Retail
SaaS (Software as a Service) startups are on the rise as more and more customers use the web for their work. SaaS products and services allow users to access their account from any device to continue their work. What makes SaaS so popular is that users don't have to install software on each of…
Voice AI startups in Korea developing Speech Recognition Technology
The use of AI technology and machine learning continues to grow so does the amount of connected devices consumers and businesses can choose from. The core technology behind these connected devices is speech and voice recognition. It is estimated that the global voice recognition market will hit $30…
