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Incheon Startup Park – Landmark of Innovation Growth
Shinhan Financial Group hosted an MOU ceremony along with the Ministry of SMEs and Startups, the Incheon Metropolitan City, and Celltrion. They aim to build an ecosystem for innovative startups through Incheon Startup Park. In addition, Shinhan will create a top-tier, one-stop platform in Korea…
KITA Open Innovation Program – Cases of Excellence
KITA is the first private project that supports startups by establishing their proof of concept (PoC). Furthermore, they offer startups their first gateway to successful sales. They do this by offering the multipurpose facility of COEX as a testing site for the Fourth Industrial Revolution…
Top 10 Richest People in South Korea
Forbes recently came out with its latest richest people in the world list. The combined net worth of the 10 richest South Koreans now stands at a little over $60 billion in 2020. Compare this to Jeff Bezo's net worth of $113 billion. South Korea's top billionaires have taken a hit due to the…
Pet Startups in Korea Providing Innovative Services and Solutions
Pet startups in Korea are on the rise because it is estimated that South Koreans spend $3 billion a year on their pets in 2020. The Korea Rural Economic Institute feels this number will double to $5 billion by 2027. If you walk down the streets of Seoul, you will see dogs in some of the cutest…
Smart Home Startups in Korea Revolutionizing The Way We Live
The mass adoption of WIFI and the future mass adoption of 5G in South Korea is bringing in the era of connected devices. Especially for smart homes, as residents in South Korea now expect technology to be integrated into how they live at home. Almost everything can now be done through smartphones…
Top Trending Korean Social Media Startups to Watch For
As social media usage continues to grow worldwide, there has been a proliferation of Korean startups focused on this industry. Korean social media startups are looking to leverage Korea's great internet infrastructure and high social media usage from Korean citizens. South Korea has the 3rd highest…
