Tag: PayPal

EBay builds new division to woo developers (Reuters)

October 12th, 2011, No Comments

A pedestrian walks at the headquarters of eBay in San Jose SAN FRANCISCO (Reuters) – Ebay Inc is building a new division to woo developers and attract more merchants as the company tries to emulate the success of Apple Inc's iOS platform in the e-commerce world. Ebay's main business is still its giant online marketplaces, [...]

EBay builds new division to woo developers (Reuters)

September 19th, 2011, No Comments

A pedestrian walks at the headquarters of eBay in San Jose SAN FRANCISCO (Reuters) – Ebay Inc is building a new division to woo developers and attract more merchants as the company tries to emulate the success of Apple Inc's iOS platform in the e-commerce world. Ebay's main business is still its giant online marketplaces, [...]

EBay buys Zong as mobile payments gain traction (Reuters)

July 11th, 2011, No Comments

NEW YORK/SAN FRANCISCO (Reuters) – EBay Inc said on Thursday it agreed to buy cellphone payments provider Zong for about $240 million in cash to help its PayPal unit push further into mobile commerce. EBay does not expect the deal to affect its financial outlook. It should close in the third quarter of 2011. Zong [...]

eBay Acquires Mobile Payment Firm Zong for $240 Million (NewsFactor)

July 8th, 2011, No Comments

PayPal is about to get a mobile upgrade. That'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 developed relationships with more than 250 mobile network operators [...]

EBay buys Zong as mobile payments gain traction (Reuters)

July 8th, 2011, No Comments

NEW YORK/SAN FRANCISCO (Reuters) – EBay Inc said on Thursday it agreed to buy cellphone payments provider Zong for about $240 million in cash to help its PayPal unit push further into mobile commerce. EBay does not expect the deal to affect its financial outlook. It should close in the third quarter of 2011. Zong [...]

eBay buying Zong for $240 million (AFP)

July 8th, 2011, No Comments

Zong eBay buyer for $ 240 million NEW YORK (AFP) – PayPal owner eBay said Thursday that he has agreed with mobile payments provider Zong buy for $ 240 million in cash. "With Zong, PayPal will be better able to offer consumers more choices in how they want to pay," San Jose, Calif.-based eBay said [...]

eBay to Add Pay-By-Phone-Bill Tech via $240M Zong Buy (PC Magazine)

July 8th, 2011, No Comments

eBay boosted buy the payments, the agreement to Zong, a company that allows the buyer to pay for services through their mobile phone bill, for about $ 240 million specializing in cash. Once home to a pure-play Internet market, eBay is a mobile processor to continue payments. Annual payments on eBay, including PayPal, grew by [...]

PayPal, MPA Shut Accounts of Suspected Movie Pirates (PC Magazine)

June 24th, 2011, No Comments

On Thursday, PayPal closed the accounts of "dozens" of merchants who apparently sold fraudulent DVDs and Blu-ray discs. Many of the merchants originated in China but sold the discs worldwide, PayPal, a division of eBay, said. The action was taken in conjunction with the Asia-Pacific division of the Motion Picture Association, which identified the merchants [...]

EBay, PayPal sue Google over “mobile wallet” (AFP)

May 27th, 2011, No Comments

PayPal and eBay sue Google over mobile phone 'wallet' SAN FRANCISCO (AFP) – Within hours of the unveiling of "Google Wallet," eBay and PayPal filed a lawsuit charging the Internet giant tapped into trade secrets for the mobile payments project. PayPal spent three years trying to work out a deal in which it would handle [...]

Yahoo battle with China’s Alibaba intensifies (Reuters)

May 14th, 2011, No Comments

Yahoo! shares sink on Alibaba tensions NEW YORK (Reuters) – Yahoo Inc's battle with Alibaba Group intensified on Friday as they issued contradictory statements over the Chinese company's transfer of a major Internet asset to its chief executive. Analysts said the handover of Alipay, an online e-commerce payment system similar to eBay Inc's PayPal, to [...]

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