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PayPal Acquires Zong, mCommerce Payments Combination That Will be Tough to Beat
Posted on 7 July, by Dana Stalder in Consumer, Portfolio
PayPal today announced that it has signed a definitive agreement to acquire Zong, the mobile carrier-billing leader, for approximately $240 million in cash. This is a strategic move for PayPal, designed to deepen its leadership in eCommerce payments and further define it as a major player in mobile payments. Read More
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