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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.…
Finding a Job in Korea for Foreigners – Advice from a Recruiter in Korea
Being in the staffing industry for 5 years as a recruiter in Korea (AKA headhunter), I was able to meet and speak with many foreigners in Korea. My interest was not how they got a job but why they have chosen to live in Korea for the rest of their lives. It seemed clear that Korea is safe, clean,…
Smart Factories in Korea – The Governments Plans the Future
South Korea has embraced the 4th industrial revolution. One of the main areas will be for smart factories in Korea. South Korea aims to build 30,000 smart factories by 2022. The South Korean government created a support program to convert old factories into carbon-neutral smart factories. Those…
E-Commerce Solutions in Korea Helping Businesses Go Online
COVID-19 has forced many businesses in Korea to go out of business, others were able to adapt. Adapting often meant going online as more and more consumers in Korea have also transitioned to online shopping. South Korea is now an e-commerce powerhouse and ranks 2nd globally in terms of online…
Korean Cab-Hailing Startups Revolutionizing the Ride-Hailing Industry
When it comes to cab-hailing services, Kakao Taxi reigns supreme in Korea with an 80% market share. The size of the taxi market in South Korea is over $7 billion. Therefore there is plenty of room for Korean cab-hailing startups to enter the space. Kakao Taxi has been around since 2015, and it lets…
