Cho Mu-hyun is based in Seoul, South Korea and covers global tech conglomerates Samsung, LG and technology news in Asia. His English name is Joe and it rhymes with his last name.
SoftBank will invest a $2 billion into South Korean e-commerce giant Coupang which has been suffering multiple years of profit losses.
After months of delay since the smartwatch was launched, Korean consumers can now finally use Samsung Pay on their Gear S3.
Samsung Pay has been launched in its twelfth market, India, and will support peer-to-peer payments there.
KakaoTalk users can now wire transfer directly to bank accounts using the chat app.
Users of the Samsung Pay app in South Korea can buy products from online shopping mall brands directly while gathering points.
Samsung Pay has launched in Malaysia, making the country the eleventh to get the South Korean tech giant's mobile payment service.
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 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.
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.
After much hype, Samsung Pay has launched in China where it will compete with rival services such as Apple Pay and Huawei Pay.