Zong - Ownership and Business Overview

Internet Software And ServicesCompany

Zong Ownership

Who owns Zong?

Zong is owned by eBay. It was acquired on August 11, 2011.

Zong Business Overview

Where is Zong headquartered?

Zong is headquartered in Menlo Park, California.

What sector is Zong in?

Zong is an internet software and services company.

When was Zong founded?

Zong was founded in 2008.

Internet Software And Services M&A Summary in 2011

Out of 60 sectors in the Mergr database, internet software and services ranked 2 in number of deals in 2011. The largest internet software and services acquisition in 2011 was Skype Technologies S.A. - which was acquired by Microsoft for $8.5B.

Join Mergr to view all 436 acquisitions of internet software and services companies in 2011, including 44 acquisitions by private equity firms, and 392 by strategics.

Zong, Inc.

640 Oak Grove Avenue,
Menlo Park, California 94025
United States,
(650)362-0434
www.zong.com

Zong leverages connections with more than 250 mobile network operators around the world, offering localized, secure and easy-to-use payments for digital goods and services in 21 languages and 45 countries. Consumers simply enter their mobile phone numbers. Then, in a matter of seconds, Zong verifies that number and clears the payment on the customer’s existing wireless service account.


Company Summary

SECTOR

Internet Software and Services

Established

2008

Subsidiary of

PayPal

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