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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…

Education Inequality in Korea is a Problem that Needs to be Solved

Having access to better schools, teachers, and private education is a huge advantage for those who can afford it. Education inequality exists all around the world, however, it is extremely…

Shopping Habits in Korea Changed Due to COVID-19

When you walk down the streets of Myeongdong, Dongdaemun, Garosugil (Sina-dong), and even inside COEX mall, you will notice that more and more stores are shutting down. Offline stores have been under…

Will Bank of Korea Launch Digital Currencies in Korea?

The Bank of Joseon introduced currency notes in Korea back in 1946. 4 years later, a new central bank called the Bank of Korea replaced the Bank of Joseon. Now they play a major role in maintaining…