Zong Overview

  • Year Founded
  • 1999

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 614

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $232M

Zong General Information

Description

Provider of mobile payment platform intended to help users to make micro payments on the Internet. The company's platform leverages direct connections with mobile network operators around the world to provide a secure payment gateway with unrivaled connectivity and service quality, enabling users to make micro-payments online in gaming and social networking websites.

Contact Information

Website
www.zong.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 2211 North 1st Street
  • San Jose, CA 95131
  • United States
Primary Industry
Other Financial Services
Other Industries
Financial Software
Acquirer
eBay
Vertical(s)
TMT, Mobile Commerce, FinTech
Corporate Office
  • 2211 North 1st Street
  • San Jose, CA 95131
  • United States

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Zong Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 11-Aug-2011 $232M Completed Generating Revenue
2. Early Stage VC (Series A) 01-Apr-2010 Completed Generating Revenue
1. Early Stage VC 01-Jan-2003 Completed Generating Revenue
To view Zong’s complete valuation and funding history, request access »

Zong Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of mobile payment platform intended to help users to make micro payments on the Internet. The company's platfor
Other Financial Services
San Jose, CA
614 As of 2014

Toulouse, France
 

Alpharetta, GA
 
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Zong Competitors (11)

One of Zong’s 11 competitors is Allopass, a Private Equity-Backed company based in Toulouse, France.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Allopass Private Equity-Backed Toulouse, France
2Checkout Private Equity-Backed Alpharetta, GA
Stripe Venture Capital-Backed South San Francisco, CA
Elavon Corporate Backed or Acquired Atlanta, GA
Gopay Vietnam Payment Services Corporate Backed or Acquired Cau Giay, Vietnam
You’re viewing 5 of 11 competitors. Get the full list »

Zong Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Zong Former Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Advent Venture Partners Venture Capital Minority
Akilia Partners Venture Capital Minority
Angel (individual) Minority
Angel (individual) Minority
Matrix Venture Capital Minority
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Zong Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Zhongda International Yancheng, China 2000

Zong FAQs

  • When was Zong founded?

    Zong was founded in 1999.

  • Where is Zong headquartered?

    Zong is headquartered in San Jose, CA.

  • What is the size of Zong?

    Zong has 614 total employees.

  • What industry is Zong in?

    Zong’s primary industry is Other Financial Services.

  • Is Zong a private or public company?

    Zong is a Private company.

  • What is the current valuation of Zong?

    The current valuation of Zong is .

  • What is Zong’s current revenue?

    The current revenue for Zong is .

  • How much funding has Zong raised over time?

    Zong has raised $15M.

  • Who are Zong’s investors?

    Advent Venture Partners, Akilia Partners, , , and Matrix are 5 of 9 investors who have invested in Zong.

  • Who are Zong’s competitors?

    Allopass, 2Checkout, Stripe, Elavon, and Gopay Vietnam Payment Services are some of the 11 competitors of Zong.

  • When was Zong acquired?

    Zong was acquired on 11-Aug-2011.

  • Who acquired Zong?

    Zong was acquired by eBay.

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