SEOUL, April 20 (Korea Bizwire) — More businesses in the IT and startup industry are opting to check consumer demand first before manufacturing products and services as the number of active consumers is on the increase. This way, businesses can effectively reduce the risk of failure and minimize opportunity costs. Class 101, an online education [...]
SEOUL, March 23 (Korea Bizwire) — The employment effect of unicorn companies and prospective unicorn companies with a value of more than 1 trillion won (US$781 million), which the government has committed to supporting, has been slowing down. While the number of employees recruited is increasing, some point out that the number of employees who [...]
SEOUL, March 12 (Korea Bizwire) — While the novel coronavirus outbreak is spreading at a rapid pace in Korea, Korean startup firms are also seeing their own technologies shine. Vodacom, a startup specializing in telecommunication platforms, decided to provide its “Video Help Me” (Videohelp.me) service free of charge until May for public institutions, small and [...]
DAEJEON, Jan. 22 (Korea Bizwire) — Young South Koreans are pioneering the use of vacant land near expressways to start agricultural businesses. The Korea Expressway Corp. (KEC) will distribute 3,800㎡ of land near Daejeon Southern Ring Expressway’s Annyeong Tollgate to student members of the Agricultural Startup Committee at Chungnam National University to develop agricultural startups. [...]
SEOUL, Nov. 26 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will expand support for local startups with promising technologies to explore new business opportunities and create synergy. The Korean tech giant introduced 18 startups selected as part of the C-Lab Outside program during a Demo Day event at its Seoul R&D campus, which [...]
SEOUL, Nov. 20 (Korea Bizwire) — South Korean men and women picked “successful startup owner” as the most desired dream job, a recent survey has showed. According to a survey of 4,091 adult men and women conducted by JobKorea and Albamon, job search portal operators, the number one dream job was ‘to succeed in launching [...]
SEOUL, Nov. 4 (Korea Bizwire) — A South Korean business executive who has been actively working for startups in the financial sector that have been trying to navigate murky regulations is gaining praise from the industry. Recently, Kim Sung-joon, CEO of startup Lendit, a peer-to-peer (P2P) lender, said on SNS that “A major incident has [...]
TORONTO, Sept. 9 (Korea Bizwire) — Colliers International (NASDAQ and TSX: CIGI) announced today its Class of 2019 proptech startups taking part in the Colliers Proptech Accelerator Powered by Techstars. As the first truly global initiative of its kind, this groundbreaking program highlights our commitment to targeted innovation and our belief that strategic investments in [...]
SEOUL, Sept. 5 (Korea Bizwire) — The Seoul city government will nurture 10,000 workers to prepare them for the fourth industrial revolution and to combat unemployment through startups, Seoul Mayor Park Won-soon said Thursday. “We will work with the central government and operate an ‘Innovation Academy’ in November to train 2,000 youngsters who will play [...]
SEOUL, Jul. 18 (Korea Bizwire) — The total amount of investment in startups reached a record high in the first half of this year largely on the back of policy support, government data showed Thursday. A total of 1.9 trillion won (US$1.6 billion) was invested in startups in the January-June period, up 16.3 percent from [...]