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| VIEW EVENT INFORMATION: eBay |
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EBay Buys Zong For $240 Million In Cash To Boost PayPal's Mobile Payments Technology |
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About the organization EBay:
Type: Business
Sub-Types: Website, Retailing Agent, E-Commerce, Online Deal, Store, Online Store, Internet, Application Software, Telecommunication, Telecommunication Software, Online Shop |
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Notable Organizations: EBay, Techcrunch
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| eBay has acquired mobile payments company Zong for $240 million in cash. The transaction is expected to close in the third quarter of 2011.
Zong has been one of the pioneers in the mobile payments space, adding a compelling new way for consumers to pay for items online. Simply put, it lets you pay for things, particularly virtual goods online, via direct billing to your mobile phone. |
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