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Clova by Naver – The Siri of South Korea
The AI technology sector in Korea is on the rise. AI is now incorporated into smartphones via virtual assistants such as in the case of the iPhone's Siri. South Korea has its own "Siri" and it is CLOVA, a virtual assistant developed by Korean Internet giant Naver. Most global IT companies have…
The Electric Vehicle Industry in Korea – 3 Million EVs by 2025
The South Korean government plans to invest heavily in the electric vehicle (EV) industry in the coming years. The electric vehicle industry in Korea is in massive growth thanks to the support of the government. They will be incorporating the same low-emission subsidy/tax credit strategy used by…
How Coupang Continues to Succeed Despite Being Unprofitable
Many investors, mentors, and advisors in Korea will tell you that sales/profits are everything for a startup. Turning a profit shows that you have succeeded and it is what every business should strive for. Or is it? Most businesses exist to make money, so why is it that some of the biggest…
Clean Beauty Startup Power Player – Beauty Brand ongredients
There has been a growing trend among beauty brands in recent years to focus on sustainable and cruelty-free products. This is in response to increasing consumer demand for sustainable and ethically-produced goods. Many cosmetic companies have switched to using organic ingredients and have adopted…
Viroute – Natural Raw Material Sourcing Platform
As the world becomes increasingly connected, consumers are becoming more aware of the environmental and social impact of the products they purchase. In response, many brands and companies are beginning to focus on sourcing their raw materials from sustainable and ethical sources. Viroute, a natural…
ALI Develops AI Secretary AskMe and Chatbot TikiTaka
As businesses and organizations increasingly rely on technology to streamline their operations, the need for virtual assistants powered by artificial intelligence (AI) is also rising. What sets AI-powered virtual assistants apart is their ability to learn and adapt over time, making them more…
