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Esports Industry in Korea

The Esports Industry in Korea – Korean Gaming Culture

South Korea is known for its passion for gaming and Esports. Esports is, short for electronic sports, has become extremely popular in South Korea due to various factors such as easy access for the youth to access high-speed internet, the rise in the cultural acceptance of gaming, and the rise of…

How Global Brands Can Enter the South Korean Market

If you're a company looking to enter the South Korean market, you need to assess your resources, export background, and overall business plan. Understanding how Korean consumers will receive your product or service is essential. Before diving in, it's wise to conduct market research for at least a…

P2P Marketplaces

P2P Marketplaces: Connecting Koreans to the Global Bitcoin Market

South Korea is considered one of Asia’s major cryptocurrency trading hubs, especially in December 2017 when bitcoin (BTC) gained swift popularity among crypto markets because of an event known as the “Kimchi Premium.” During this time, BTC’s price in South Korean markets skyrocketed at 43 percent…

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    Why Korean Startups Should Not Apply for a Patent in Korea

    Korean startups that have a product will usually get the advance to patent their product. I have been covering the Korean startup scene for over 7 years and I have met many inventors and startup entrepreneurs in Korea who have gone through applying for a patent in Korea. What I learned is that…

    Battery Industry in South Korea

    The Rechargeable Battery Industry in South Korea

    Having a clean energy economy is something many of the top countries are looking into. One of the keys to having a clean energy economy is the production of high-tech batteries. These batteries power electric cars, store solar energy, and wind energy. Currently, China dominates lithium-ion battery…

    Picture of Dongdaemun Design Plaza

    Korean E-Commerce Startup Linkshops puts Dongdaemun Online

    Dongdaemun is now online thanks to a Korean e-commerce startup called Linkshops, an online Korean apparel shopping mall. Linkshops has over 1 million items from over 8,000 stores. For those that are unfamiliar with Dongdaemun, it is the biggest offline shopping district in Seoul. The Dongdaemun…