PayPal pays $ 4 billion for Honey Science

Honey Science is a young startup founded in 2012 whose platform offers rewards, coupons, and promotions via an extension for the Google Chrome browser.

PayPal has just realized what his P-dg Dan Schulman calls ” one of the most transformative acquisitions ” in the company’s history. This is Honey Science, a platform that aggregates and automatically applies for rewards, coupons, and promotions through an extension for Google Chrome. Consumers are also informed of price decreases and price history for certain items sold through the participating online store.

Founded in 2012, Honey Science boasts 17 million monthly active users and 30,000 online sales partners. PayPal plans to use Honey Science technology to customize online shopping experiences and expand the network of business partners. ” Honey will enable PayPal to reach consumers at the beginning of their purchases and strengthen their ability to help merchants acquire and convert consumers by offering personalized, timely and optimized offers across all channels, ” says PayPal. communicated.

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