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Spotify in Korea Can Help Korean Musicians go Global
The launching of Spotify in Korea in 2021 was big news and will have a major impact on the music industry as we move into 2022. However, the biggest impact will be for independent musicians in Korea. South Korea is the 6th largest music market in the world and now Koreans will have access to over…
Startups in Korea Need to Apply for the Zayed Sustainability Prize
Startups in Korea need to apply for the Zayed Sustainability Prize, held annually in the United Arab Emirates. It is one of the top pioneering global awards regarding sustainability. They call on innovators from international organizations to submit entries for the Prize annually. The winners of…
Can Korean Startups Enter the North Korean Market
Back in 2018, North Korean dictator Kim Jong-un signed the Panmunjom Declaration with South Korean President Moon Jae-in in South Korea. The declaration was to have both countries cooperate on officially ending the Korean War. Therefore, beginning a new area of peace and improving inter-Korean…
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…
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…
