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Incheon Startup Park – Landmark of Innovation Growth
Shinhan Financial Group hosted an MOU ceremony along with the Ministry of SMEs and Startups, the Incheon Metropolitan City, and Celltrion. They aim to build an ecosystem for innovative startups through Incheon Startup Park. In addition, Shinhan will create a top-tier, one-stop platform in Korea…
KITA Open Innovation Program – Cases of Excellence
KITA is the first private project that supports startups by establishing their proof of concept (PoC). Furthermore, they offer startups their first gateway to successful sales. They do this by offering the multipurpose facility of COEX as a testing site for the Fourth Industrial Revolution…
Top 10 Richest People in South Korea
Forbes recently came out with its latest richest people in the world list. The combined net worth of the 10 richest South Koreans now stands at a little over $60 billion in 2020. Compare this to Jeff Bezo's net worth of $113 billion. South Korea's top billionaires have taken a hit due to the…
Electric Vehicle Charging Startups in Korea – Clean Mobility
The South Korean government is moving quickly to set up charging stations all across Korea. In order for the electric vehicle industry to thrive in Korea, a strong recharging infrastructure needs to be built. The biggest weakness for EVs at the moment is their short driving range. The South Korean…
Industries in Korea Being Transformed by Blockchain Technology
Blockchain technology is one of the most exciting technologies around. It is being adopted across different industries from financial services to supply chains and many other industries. Industries in Korea are being transformed by Blockchain technology by offering greater transparency, enhanced…
Currency Exchange Startups in Korea Offer Alternatives to Banks
Banks in Korea or other intermediaries (airports) charge high fees for currency exchanges. Thankfully there are currency exchange startups in Korea looking to disrupt this sector. Mobile payment services like Naver Pay, Kakao Pay, and Toss have already cut costs and commissions for consumers in…
