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News

PayPal completes USD 4 bln Honey Science acquisition

Tuesday 7 January 2020 13:18 CET | News

PayPal has completed its previously announced acquisition of shopping and rewards platform Honey Science.

The acquisition is expected to drive sales and customer engagement for PayPal’s merchant partners. In November 2019, PayPal signed the agreement to acquire Honey Science.

Honey Science operates as a discovery tool for online shoppers enabling them to track prices of items. The company also offers alerts, discounts and other rewards. 

Honey Science will now operate as part of PayPal’s global consumer product and technology organisation. 


Source: Link


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Keywords: PayPal, Honey Science, acquisition, shopping, rewards
Categories: Banking & Fintech
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Countries: World
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