Korean startups band together to survive in land of the chaebol

Korean startups band together to survive in land of the chaebol

South Korean 10,000 won note is seen on U.S. 100 dollar notes in this picture illustration taken in Seoul, South Korea, December 15, 2015. REUTERS/Kim Hong-Ji

Sometimes you need a bunch of Davids to take on Goliath. In South Korea, where family-run conglomerates such as Samsung dominate just about every aspect of life, one startup thinks it’s found just such a formula to break their hold.

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