Retail Roundup: Back-to-school season, EBay acquires Zong, consumer … – Los Angeles Times

Retail Roundup: Back-to-school season, EBay acquires Zong, consumer
Los Angeles Times
EBay announced that it has agreed to acquire Zong, a provider of payments through mobile carrier billing, for about $240 million in cash. Zong allows shoppers to pay for purchases from their mobile phones or computers by simply entering their mobile

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