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AI and IoT Impacting the Consumer Shopping Experience in Korea
As the world adjusts to shopping online since COVID-19, South Koreans are already used to it. South Korea already ranked inside the top 3 for online shopping even before COVID-19. Now, South Korea ranks second behind China in terms of online consumption. It is estimated that a little over 50% of…
A Comprehensive Guide to 5G in South Korea
While China is considered King when it comes to 5G technology, then South Korea is the prince. South Korean telecommunication companies have made 5G services available to consumers in April 2019. The Korean government has offered tax breaks and government investments totaling $27 billion by 2022.…
9 Ways to Improve the South Korean Education System
South Korea is one of the most educated countries in the world. The South Korean education system is respected around the world and ranks at the top in the OECD’s Program for International Student Assessment (PISA). Students in Korea spend more time studying than in any other OECD country. This has…
Top Peer to Peer Lending Startups in Korea
Peer to Peer lending startups in Korea has continued to grow. They have done a great job of bringing lenders and borrowers together online. It is beneficial for lenders are they get a much higher rate of return than what is currently available from other investment options in Korea. In addition,…
Korean Proptech startups Focusing on the Construction Industry
As South Korea continues to develop, there has been a rise in Korean proptech startups focusing on the construction industry. There is significant potential for greater adoption of technology to enhance productivity in the construction industry in Korea. Therefore, many of these proptech startups…
Electric Vehicle Charging Startups in Korea – Clean Mobility
The South Korean government is moving quickly to set up charging stations all across Korea. In order for the electric vehicle industry to thrive in Korea, a strong recharging infrastructure needs to be built. The biggest weakness for EVs at the moment is their short driving range. The South Korean…
