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Share Name | Share Symbol | Market | Type |
---|---|---|---|
PayPal Holdings Inc | NASDAQ:PYPL | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.33 | -0.51% | 64.51 | 64.40 | 64.51 | 8,889 | 10:03:47 |
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.
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