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How Korean Startups can enter the German Market
For many startups in Korea looking to enter the European market, Germany has become their prime destination. As the UK has left the EU, Germany is now regarded as the top economic power in the region. They are considered the largest economy in Europe and the 4th largest globally. Therefore,…
20 Korean Entrepreneurs Who Built Successful Startups
These days, more and more Koreans are looking to become entrepreneurs instead of working for a Korean corporation. One of the main reasons for this is the success of many Korean entrepreneurs who have found great success in Korea's startup industry. They have encouraged the next generation of…
Korean Government Agencies That Support Startups
Startups in Korea need the support of Korean government agencies more than ever before. The startup ecosystem in Korea has been surging since 2015. However, 2020 and 2021 saw many startups in Korea struggling due to the covid pandemic. It was not just restaurants, shops, and small companies that…
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…
Shopping Habits in Korea Changed Due to COVID-19
When you walk down the streets of Myeongdong, Dongdaemun, Garosugil (Sina-dong), and even inside COEX mall, you will notice that more and more stores are shutting down. Offline stores have been under pressure due to online retailers even before COVID-19. Shopping habits in Korea are changing as…
