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List of Startup Accelerators and Incubators in South Korea
The Korean startup scene has come a long way and startup accelerator programs have been a major part of creating hundreds of startups. Some have become unicorns, such as Coupang, Bluehole, Yello Mobile, Woowa Brothers, L&P Cosmetics, and Viva Republica. These startup accelerators and incubators in…
A Complete List of Coworking Spaces in Seoul
Coworking spaces in Seoul, South Korea have really taken off since WeWork came to Korea. The reason for this growth is because these coworking spaces in Seoul are not just getting filled by startups but also traditional Korean companies. The high cost of working in Seoul (especially Gangnam) and…
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…
Will Bank of Korea Launch Digital Currencies in Korea?
The Bank of Joseon introduced currency notes in Korea back in 1946. 4 years later, a new central bank called the Bank of Korea replaced the Bank of Joseon. Now they play a major role in maintaining price stability in South Korea. However, recently with the rise of Bitcoin and other…
Why is the Youth Unemployment Rate in Korea so High?
The youth unemployment rate in South Korea currently stands at 10%. South Korea overall lost over 1 million jobs from the same time last year. The majority of job loss was in the service sector which has been hit especially hard during the coronavirus pandemic. Retail jobs, hotel jobs, and…
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…
