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e-scooters in Korea

Top E-Bike and E-Scooter Startups in Korea – Micromobility

E-Bike and E-Scooter startups in Korea have been growing and expanding, especially across Seoul. Starting from Gangnam station and branching out, you will see more and more E-Scooters on the streets. These micromobility startups have placed e-scooters near over 100 subway stations in Seoul. It is…

Korean Beer Market

Why Breaking into the Korean Beer Market is Difficult

The Korean beer market is seen as one of the largest beer markets in Asia. This might be surprising due to the population size which stands at 52 million and is known mainly for consuming soju. However, Korea ranks inside the top 20 when it comes to beer consumption. Beer is the most consumed…

The Aerospace Industry in Korea on a Trajectory for Higher Growth

South Korea has been aggressively building up its space program. The aerospace industry in Korea is now bigger than ever. The aim is to attract global partners and venture into the space economy. South Korea is not alone, 13 other countries have established their own space agency over the past…

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    IDCITI

    IDCITI offers an Underground GPS Solution for Smart Cities 

    Localization and navigation rely strongly on GPS (Global Positioning System) as it is both easy to use and accurate. However, GPS signals can be compromised by both natural and human sources. A startup in Korea called IDCITI has developed an underground GPS solution that can pinpoint a vehicle’s…

    Innovative BioTech Companies in Asia to Watch out For

    Biotechnology (BioTech) is technology based on biology. It uses cellular and biomolecular processes to develop technologies and products that help improve our lives. The Biotech industry is broken into three main sectors: medical, agricultural, and industrial. Many of the top innovative Biotech…

    Consumer Shopping Experience in Korea

    AI and IoT Impacting the Consumer Shopping Experience in Korea

    As the world adjusts to shopping online since COVID-19, South Koreans are already used to it. South Korea already ranked inside the top 3 for online shopping even before COVID-19. Now, South Korea ranks second behind China in terms of online consumption. It is estimated that a little over 50% of…