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6 Mistakes Global Brands Make When Entering South Korea
Having a localization strategy is key when entering new markets. This is no different for entering South Korea. South Korea is a fast-growing market for global brands looking to target tech-friendly consumers. The retail eCommerce space alone is estimated to reach $100 billion by 2024. South Korea…
N15 Partners Supports Korean Traditional Culture Startups
The 2020 Young Entrepreneurship Support Project for Korean Traditional Culture, a campaign hosted by the Ministry of Culture, Sports, and Tourism and organized by the Korea Craft & Design Foundation, was a huge success. In November 2020, the project opened applications to support early-stage…
Why Startups in Korea are Lining up to be a part of Lotte Ventures
Lotte Accelerator has since its 2016 inception become one of Korea’s most active and accomplished accelerators. They provide in-house venture capital, a nexus between startups and corporates, and L-Camp (six-month accelerator program). Lotte Accelerator is a Corporate Accelerator of Lotte Group.…
Fitness Startups in Korea on the Rise
Before COVID, fitness startups in Korea have been revolutionizing the industry. Many are developing innovative new technologies and business models. They were getting a lot of attention from investors in Korea as these startups were making it easier and more affordable than ever for people to get…
Startups Offering Travel and Tour Packages in Korea
When planning a trip to South Korea, there are a few factors to consider. First and foremost, travelers must decide what kind of experience they want. Are they looking for a traditional cultural experience? Or are they interested in exploring the country's natural beauty? Once that decision is…
Top Korean Travel Startups Disrupting the Tourism Industry
COVID-19 has been brutal to the travel industry not just in Korea but all around the world. However, before this outbreak, the travel industry in South Korea was on the rise. With the rise of Korean culture in regards to Kpop, entertainment, fashion, and beauty, an estimated 16 million…
