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Facebook and eBay announce partnership for e-commerce

10/14/2011 Julie Campbell

Board member at eBay and executive at Facebook, Katie Mitic, announced a partnership between those two organizations, which was created in order to form a new series of e-commerce apps with features for social networking. Mitic explained that the Open Graph on Facebook – that is, its connections map among its users and their “friends” – will undergo a seamless integration with eBay service apps. It is eBay’s hope that outside developers will come up with apps that will work with its e-commerce platform so that it will build more…

eBay gives PayPal mobile a boost through purchase of Zong

07/11/201107/11/2011 L. Green

eBay has purchased Zong, the mobile payment provider, to give PayPal’s mobile commerce position a significant boost. Zong’s purchase price was $240 million, and eBay intends to use it to connect to Zong’s tremendous 250 wireless carriers and 3.2 billion users. Consumers are already using Zong in order to make purchases simply by using their mobile telephone numbers. This allows the mobile payment service to verify the transaction so that it can add the charge to the mobile service bill of the shopper. Zong is already well recognized by gamers…