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EBay agrees to acquire mobile billing service Zong

NEW YORK (MarketWatch) — EBay Inc. has agreed to acquire mobile payments service Zong for $240 million in cash, the company said Thursday. Zong, which has connections with more than 250 mobile network operators, allows consumers to pay for purchases from their mobile phones or computers through direct carrier billing. The companies said the acquisition would give a boost to e-commerce service …

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