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Entrepreneurs in Korea First Need to Learn How to Fail
Entrepreneurs in Korea have a larger fear of failure than those in the western world. That might be mainly because of the strict standards set by their parents. In Silicon Valley, it is expected that you fail when starting a startup. Through failure, you can learn from your mistakes. However for…
SEA Anchor – Helps Korean Startups Enter Southeast Asia
SEA Anchor is a premium Southeast Asia Anchoring program, strategic venture builder, and early-stage investor. They work closely with startups that are aligned with their investment thesis. They focus on key growth strategy development, opportunity maximization, business advisory, and connections…
How to Rank High on Naver Blog in 10 Easy Steps
Google is by far the top search engine in the world. However, to reach consumers in South Korea, you need to have a strong presence on Naver, because Naver is the top “search engine” in Korea. To rank high on Naver is difficult and involves different strategies compared to ranking high on Google.…
Korean Cosmetic Industry – Overview of the K-Beauty Market
Due to the rise in demand for K-Beauty products in the United States and Asia, exports of cosmetics in Korea went up 16% in 2020 to $7.5 billion. The data was collected by the Korea Customs Service and the Korea Cosmetic Association. This means that South Korea is currently the 9th largest…
Clova by Naver – The Siri of South Korea
The AI technology sector in Korea is on the rise. AI is now incorporated into smartphones via virtual assistants such as in the case of the iPhone's Siri. South Korea has its own "Siri" and it is CLOVA, a virtual assistant developed by Korean Internet giant Naver. Most global IT companies have…
The Electric Vehicle Industry in Korea – 3 Million EVs by 2025
The South Korean government plans to invest heavily in the electric vehicle (EV) industry in the coming years. The electric vehicle industry in Korea is in massive growth thanks to the support of the government. They will be incorporating the same low-emission subsidy/tax credit strategy used by…
