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The ASAN Nanum Foundation
The Asan Nanum Foundation was established by Hyundai Group in 2011, and they aim to support young entrepreneurs and their innovative ideas that make a social impact. As of 2023, the foundation has helped over 400 startups in Korea. The foundation was founded on $525 million in funding from the…
Korean Fundraising 101 the Basics of Raising Money in Korea
South Korea is becoming one of the most vibrant nations in the world and a growing tourist destination. South Korea has come a long way since the Korean War where their national income per citizen was the same as the country Ghana. In 60 years they have become one of the top economic powers in the…
Cryptocurrency in Korea – The Hacking of Upbit
The biggest news regarding cryptocurrency in Korea has been the hacking of Korea's top cryptocurrency exchange Upbit. Upbit was hacked for $50 million worth of Ether. This beat the news of Bithumb's hacking of $13 million in EOS and $6 million in XRP back in March. Upbit ended up suspending all…
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…
The Best K-Beauty Communities for Consumers
In 2022, very few consumers buy magazines for K-beauty advice. Add this to many department stores closing down due to COVID, the only place to go is online. This is why K-beauty communities have become so vital for K-beauty brands to connect with consumers. Communities are the best solutions for…
