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EBay looks to complement PayPal with Zong purchase
San Francisco Chronicle EBay agreed to buy closely held Menlo Park mobile-payment provider Zong Inc. for $240 million in cash to complement its PayPal service. The deal, which should close in the third quarter, will help PayPal expand its mobile payment offerings, … EBay's Zong Deal: Mobile Payments Are All Fun & Games Biz Break: Apple hits 15 billion milestone. Plus: eBay keeps up its shopping spree EBay to Buy Mobile-Payment Service Zong for $240 Million in Cash |
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