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Globe and Mail eBay Acquires Mobile Payment Firm Zong for $240 MillionNewsFactor NetworkThat's because eBay just agreed to acquire a leading provider of mobile payment services to help augment its growing digital goods business. eBay will shell out $240 million for Zong. Zong has a significant reach. The company has …

eBay Acquires Mobile Payments Company Zong For $240 Million In CashWashington PostBy TechCrunch.com, a href=”http://www.zong.com”>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 …

Globe and Mail EBay Snaps Up 'Pay By Phone' Provider ZongWSOC CharlotteYou'll soon be able to, thanks to an acquisition deal eBay announced Thursday. The online auctions giant agreed to buy mobile payments company Zong for $240 million in cash. EBay plans to combine the Menlo Park, Calif., company's technology …

Online auction site eBay has announced it will be acquiring mobile payments provider Zong in a $240 million all-cash deal, in a move to bolster the company’s footprint in the mobile commerce world. The company already controls the leading online payment service PayPal; eBay hopes combining Zong’s mobile payment operations …

eBay beefed up its payments business by agreeing to buy Zong, a company that specializes in allowing customers to pay for services through their wireless phone bill, for about $240 million in cash. More: continued here

eBay (EBAY) today announced plans to significantly expand the reach of its PayPal unit, by agreeing to acquire a company that lets users make payments by simply entering their mobile phone number. The $240 million cash deal is for Zong, a Silicon Valley company that raised $27.5 million in venture …

eBay (EBAY) Crosses Pivot Point Resistance at $33.23Investor’s Business DailyJul 07, 2011 (SmarTrend(R) News Watch via COMTEX) — SmarTrend has detected shares of eBay (EBAY) have bullishly opened above the pivot of $32.79 today and have reached the first resistance level of $33.23. We are watching for a cross of …

eBay Stacking Up The AcquisitionsForbes (blog)If eBay (NASDAQ: EBAY) should know how to do anything, its bid on and get something that they want. For years, sellers have used the service to get the best possible price for something they own, while buyers have used it to pay the lowest …

AFP eBay buys Zong for $240M to bolster PayPal's mobile paymentsVentureBeateBay announced today that it has purchased Zong, a company that lets you easily pay for purchases with your mobile phone number, for $240 million in cash. The acquisition is clearly meant to make PayPal (which eBay owns) an even …

Siliconrepublic.com eBay Acquires Mobile Payments Company Zong For $240 Million In CashTechCruncheBay 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 …