PayPal Holdings Inc. said late Wednesday it has agreed to buy Honey Science Corp., a platform for shopping and rewards, for about $4 billion. Honey...
PayPal Holdings Inc.
said late Wednesday it has agreed to buy Honey Science Corp., a platform for shopping and rewards, for about $4 billion. Honey "will transform the shopping experience for PayPal's consumers while increasing sales and customer engagement for its merchants," the company said in a statement. Founded in 2012, Honey tracks prices and alerts and manages rewards programs, and PayPal said it has about 17 million monthly active users and works across about 30,000 online retailers.
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