PayPal to Buy Honey Science for About $4 Billion
November 20 2019 - 4:58PM
Dow Jones News
By Josh Beckerman
PayPal Holdings Inc. (PYPL) has agreed to buy shopping and
rewards platform Honey Science Corp. for about $4 billion.
Honey, founded in 2012, has about 17 million monthly active
users, PayPal said.
The deal will help PayPal "reach consumers at the beginning of
their shopping journeys and will enhance PayPal's ability to help
merchants acquire and convert consumers by delivering offers that
are personalized, timely, and optimized across channels," the
company said.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
November 20, 2019 16:43 ET (21:43 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
PayPal (NASDAQ:PYPL)
Historical Stock Chart
From Mar 2024 to Apr 2024
PayPal (NASDAQ:PYPL)
Historical Stock Chart
From Apr 2023 to Apr 2024
