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KITA – The Top Association for Open Innovation in Korea

KITA, the Korea International Trade Association has been around for over 70 years. KITA is the top association for Open Innovation in Korea. Their aim is to advance the Korean economy through trade. It...

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A Korean Startup Needs to Capitalize on CBD Oil in Korea

Korea became the first country in East Asia to legalize medical marijuana. CBD oil in Korea is big news considering the United States has seen a boom in the cannabis market in the past few years once...

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Top 10 Most Popular Esports in Korea – Best of 2020

The gaming industry in Korea has been on fire over the last decade. Esports have been embraced in Korea unlike any other place on earth. If you walk along the streets of Seoul you are sure to see...

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10 Beauty Tech Startup Accelerators and Incubators – Best of 2020

The beauty industry is always changing as it tries to keep up with the latest consumer trends. K-Beauty has dominated the skincare space for many years now and global beauty brands are looking to see...

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Top 20 Best Advertising & Marketing Companies in Korea for 2020

In order to successfully enter the Korean market one must understand Korean consumers. Also for those Korean startups and companies looking to expand to the global market, one must understand the...

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Next Step in South Korea Program Powered by German Accelerator

Startups from all around the world look to enter the Korean market before entering other Asian markets. Some of the reasons for this is the high mobile usage among Korean consumers as well as the...

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Meet your Match Korea – An Online Investor-Startup Matching Event

KK Fund is a Singapore-based VC fund that invests in seed-stage startups across South East Asia. They wanted to focus on seed-stage startups in Korea looking to expand into the South East Asian market....

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A Few Reasons to use Pinterest to Promote your Korean startup

Pinterest is one of the most powerful promotional tools for startups but it’s also one of the least used, too. Especially in South Korea, businesses don’t fully understand the immense potential of...

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Korean Live Video Streaming Service V Live to go Global

Naver is a South Korean online platform that launched in 1999 becoming the first web portal in Korea to develop and use its own search engine. Naver is basically the “Google of Korea”. In 2020 Naver...

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List of Government Programs that Support Foreign Startups in Korea

KOREAN STARTUP ECOSYSTEM The Korean startup Ecosystem has been lopsided for a very long time. Until 2012-2013, the startup scene in Korean had remained homogeneous. There have been many calls by...

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Tips for Korean Americans Applying to Korean Companies

Korean Americans can bring a lot of value to Korean companies. Mainly because they understand Korean working culture and are fluent in English. If you can speak Korean that is a huge plus. Since I...

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K-beauty startup LYCL Inc. gets investment from Beiersdorf

K-beauty has been receiving a lot of global attention in 2019. Only a month ago Estée Lauder, announced its acquisition of the beauty company Have & Be – the owner of the k-beauty brand Dr....

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Korean Startups Need to Perfect Their Pitches to get Funded in Korea

Korean Startups might have new and innovative ideas but in order to become a successful startup, they will need to perfect their pitches in order to get funded in Korea. These pitches, of course, need...

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Top 10 Korean Cryptocurrency Exchanges – Best of 2020

Korean cryptocurrency exchanges are still going strong despite facing opposition from the Korean government and banks. Korea still remains one of the top cryptocurrency trade exchange markets. South...

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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...

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Ground X, the Blockchain Subsidiary of Internet Giant Kakao

Ground X is the blockchain subsidiary of the leading South Korean Internet company, Kakao. Ground X aims to tap new and innovative blockchain technologies that can be adopted by the mainstream market....

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Top 5 Startup Communities in Seoul – Best of 2020

Starting a startup in Seoul can be a tough journey for many entrepreneurs in Korea. Startups in Seoul need to find helpful information in regards to funding, marketing, growth, legal support, and...

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Korean Conglomerates Continue to Focus on the US Market in 2020

This is not the best news for the Korean startup scene. Korean conglomerates like Samsung, SK, Lotte, LG, and others have already started building plants in the United States and have started...

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Korean Entrepreneurs First Need to Learn How to Fail

Korean Entrepreneurs have a larger fear of failure than those in the western world. That might be mainly because of the strict standards set by their Korean parents. They have high expectations for...

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List of the Top 10 Korean Startup Unicorns – As of 2020

2020 was a big year for the Korean startup ecosystem in spite of COVID-19. CB Insights shows that Korea now has 12 Korean Unicorn Startups. To qualify as a unicorn, a privately owned startup has to...

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