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Starting a Business in Korea

10 Things You Should Know Before Starting a Business in Korea

South Korea's GDP is 10th in the world with a total of $1.64 trillion as of 2019. A small country like South Korea has made the top 10 because they have made a concerted effort to open up its economy to foreign players. Therefore many foreigners are interested in starting a business in Korea.…

South Korean e-commerce

Targeting South Korean Consumers – Everything you Need to Know

South Korea has powerful industries in mobile, automotive, beauty, fashion, entertainment, and technology. They got to this level because of their massive workforce that has usually put career over family. The average Korean worker works about 70 hours a week. It got so bad that the Korean…

Korean Banks Using Blockchain Technology

Korean Banks Using Blockchain Technology – Complete List for 2023

Around the world, the industry that has been against Blockchain the most have been banks. However, in Korea, banks seem to be embracing Blockchain technologies. At first, many Korean banks saw Blockchain as a competition. Early on, many banks in Korea feared they would lose funds and customers to…

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    HerbiaEra

    HerbiaEra – Substrates that Simplify and Optimize Indoor Growing

    Undoubtedly, agriculture is one of the most fundamental industries on our planet. It provides food, fuel, and raw materials for a growing human population; much of modern society would cease to exist without it. However, as the demands of this booming global population continue to increase,…

    Inspektlabs

    Inspektlabs – A Video-Based Guidance App for Car Inspections

    As anyone who owns a car knows, the current vehicle inspection process is not only slow, costly, and prone to fraud but also very manual and inefficient. There needs to be a better solution that addresses these issues. Inspektlabs has created a solution with their video-based guidance app that…

    Drone Startups in Korea

    The Drone Industry in South Korea – A Complete Overview

    The Korean government has been behind the push for the increase in robotics and drone technology. Currently, drones are being used for many things such as disaster relief (COVID), agriculture, repairs, and logistics. In addition, there is a growing interest in Korea for personal drones which are…