Friday, April 25, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Amazon Posts Strong First-quarter Revenue
Computer Sales Keep Microsoft's Profit Low
Facebook Buys Fitness Tracking App Moves
Tech Companies Unite To Boost OpenSSL, Security
Facebook Introduces Newswire For Journalists
Surface Mini Accessories Appear On Amazon
OCZ Launches the RevoDrive 350 PCIe SSD
Sony Introduces New High-Resolution Audio A/V Receivers, Speakers and Blu-ray Home Theater Systems
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > General Computing > eBay to...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, July 07, 2011
eBay to Acquire Zong


eBay Inc.announced today that it has agreed to acquire Zong, a provider of payments through mobile carrier billing, for total consideration of approximately $240 million in cash.

Zong leverages connections with more than 250 mobile network operators around the world, offering localized payments capabilities for digital goods and services in 21 languages and 45 countries.

Ebay already owns online payment service PayPal. Combined with PayPal?s global payment platform serving 100 million active accounts worldwide, eBay expects that Zong will add complementary technology and talent that help strengthen PayPal?s leadership position in mobile payments and digital goods.

Zong allows consumers to pay for purchases from their mobile phones or computers through direct carrier billing. Consumers simply enter their mobile phone numbers. Then, in a matter of seconds, Zong verifies that number and clears the payment on the customer?s existing wireless service account.

eBay Inc. does not expect the acquisition of Zong to have a material impact on its financial guidance as issued in conjunction with its first quarter earnings release on April 27, 2011.


Previous
Next
Murdoch Closes News of the World        All News        Apple's App Store Downloads Top 15 Billion
Murdoch Closes News of the World     General Computing News      Apple's App Store Downloads Top 15 Billion

Get RSS feed Easy Print E-Mail this Message

Related News
AMD Rumored To Work With Toshiba On Radeon SSDs
Icahn Ends Pressure On eBay Over Paypal
Icann Calls eBay Governance 'Dysfunctional'
eBay to Acquire Braintree
PayPal Beacon Pays The Bill For You
Ebay Same-day Delivery Expanded
eBay To Open Interactive Storefronts
PayPal Brings Mobile Payments To Europe
PayPal and NCR to Spur Mobile and Digital Payment Adoption
New Logo For eBay
PayPal and Discover to Bring PayPal to Millions of In-Store Locations
Softbank, PayPal form Japan JV

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .