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How Coupang Continues to Succeed Despite Being Unprofitable
Many investors, mentors, and advisors in Korea will tell you that sales/profits are everything for a startup. Turning a profit shows that you have succeeded and it is what every business should strive for. Or is it? Most businesses exist to make money, so why is it that some of the biggest…
Education Inequality in Korea is a Problem that Needs to be Solved
Having access to better schools, teachers, and private education is a huge advantage for those who can afford it. Education inequality exists all around the world, however, it is extremely problematic in South Korea. The education system in Korea has been criticized for putting too much weight on…
Shopping Habits in Korea Changed Due to COVID-19
When you walk down the streets of Myeongdong, Dongdaemun, Garosugil (Sina-dong), and even inside COEX mall, you will notice that more and more stores are shutting down. Offline stores have been under pressure due to online retailers even before COVID-19. Shopping habits in Korea are changing as…
Cold Chain Solutions in Korea – Temperature Controlled Logisics
Cold chain solutions in Korea are on the rise as the demand for the storage, preservation, and transportation of cargo in cold temperatures is increasing. COVID-19 showed the importance of these solutions for medicinal products, as spoiled vaccines can lose their efficacy and have serious…
Korean Medical Robotics Startups Impacting the Healthcare Sector
There will be significant advancements in the way healthcare is delivered in Korea. Growing technological achievements in the healthcare industry have given birth to many innovations to help hospitals, doctors, and patients. These technological achievements are in new technologies such as AI, data…
The Top Cybersecurity Startups in Korea to Watch For
Korean startups in the cybersecurity sector have been coming out with products and services for many years now. The demand now is higher than ever before and you can see this in the fact that South Korea has a major shortage of experienced cybersecurity professionals to fill open positions. The…
