Why PayPal Paid $240 Million for Zong – All Things Digital


Globe and Mail

Why PayPal Paid $240 Million for Zong
All Things Digital
To bridge that gap, the eBay-owned payments company announced yesterday it was acquiring Zong, a mobile payments provider that allows charges to appear on a consumer's carrier bill. Conceivably, you could imagine that in the future PayPal could accept
EBay looks to complement PayPal with Zong purchaseSan Francisco Chronicle
EBay's Zong Deal: Mobile Payments Are All Fun & GamesWall Street Journal (blog)
Tech M&A: Blackboard Goes Private, eBay Goes Deeper on Mobile, and Twitter Minyanville.com
San Jose Mercury News –Computer Business Review –Bloomberg
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