Dear Friends,
Thank you for your kind words and continued support. I thought you would be interested in reading the gripping commentaries on Zong's amazing success story.
It seems like only yesterday when we invested to help grow the company in Europe and, after generating traction, accelerate its success in Silicon Valley in 2008.
Today, Zong is the world's leader in mobile payments, serving 30 million customers across 250 carriers in over 45 countries. The acquisition allows PayPal to deploy Zong technology to serve its 9 million+ merchants, driving an estimated $3bn in mobile payment volume in 2011.
We look forward to sharing many more success stories with you in the coming months.
Kind regards,
Ossama Hassanein
Chairman of the Board
ZONG, Inc.
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"Zong has massive international reach, offering
mobile payments in 21 languages and 45 countries [...] Marcus and his team will have a critical role in PayPal’s future transformation in the payments business [...] to create the
digital
wallet of the future.”
- TechCrunch
“The ultimate goal: make sure there's a solution anywhere a customer feels the impulse to pay for something”
- ZDNet
"We believe that Zong will strengthen this value by helping us reach the 4 billion+ people who have mobile phones, giving them more choice and security when they pay.”
- eBay
More Media coverage from TechCrunch, Wall Street Journal, Bloomberg, Fortune, CNN, Reuters, RWW, Marketwatch, Mashable, VentureBeat, ZDNet, and FastCompany. |
