SK Telecom and Amazon enter equity deal for ecommerce boost
Amazon products will soon be available on South Korean online shopping site 11th Street, a subsidiary of SK Telecom.
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SoftBank invests $2 billion into Korean e-commerce giant Coupang
SoftBank will invest a $2 billion into South Korean e-commerce giant Coupang which has been suffering multiple years of profit losses.
Samsung Pay now available on Gear S3 in Korea
After months of delay since the smartwatch was launched, Korean consumers can now finally use Samsung Pay on their Gear S3.
Samsung Pay launches in India
Samsung Pay has been launched in its twelfth market, India, and will support peer-to-peer payments there.
Kakao launches wire transfer to bank accounts within chat app
KakaoTalk users can now wire transfer directly to bank accounts using the chat app.
Samsung Pay adds shopping and rewards services in Korea
Users of the Samsung Pay app in South Korea can buy products from online shopping mall brands directly while gathering points.
Samsung Pay launches in Malaysia
Samsung Pay has launched in Malaysia, making the country the eleventh to get the South Korean tech giant's mobile payment service.
Korea to start pilot program next year for coinless society
The Korean central bank will begin a pilot program next year where convenience stores will give change in the form of prepaid cards rather than coins, as part of its plan to make the country a coinless society by 2020.
Samsung Pay hits 1 trillion won in transactions in South Korea
Samsung Pay has clinched 1 trillion won ($850 million) in transactions nine months after launching in its home country South Korea, but it remains to be seen how the service will do in China.
China's Uber rival denies reports of going public in US
A spokesperson for Chinese ride-booking firm Didi Chuxing has denied reports that the company plans to go public in the US as early as next year.