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Seoul nurturing tech startups Gangnam style

The capital's trendy district rises as incubation hub

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The "Map of Startup" at the Google Campus in the Gangnam district of Seoul.   © Reuters

SEOUL -- This capital city's Gangnam district, the glitzy neighborhood known as the nation's trend-setter, has taken on a new role as a startup incubation hub, supported by the financial firepower of big companies headquartered there.

Such big names as the Lotte group and Naver -- the parent of the chat app provider Line -- have stepped forward to provide funds and office space to promising startups, hoping to branch out into new businesses through partnerships with younger peers.

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