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PayPal plans to acquire shopping and deal-hunting platform Honey for $4 billion, its largest acquisition to date.

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PayPal's stock price dropped more than 2% in extended trading after the announcement.

PayPal announced that it will buy shopping and rewards platform Honey for $4 billion, its largest acquisition to date. Buying Honey allows PayPal to establish a foothold in a new area of the market. Visit Business Insider's homepage for more stories. Online payments giant PayPal announced Wednesday that it plans to buy Honey, a company that makes browser add-ons for its customers, for $4 billion.

PayPal announced that it will buy shopping and rewards platform Honey for $4 billion, its largest acquisition to date. Buying Honey allows PayPal to establish a foothold in a new area of the market. Visit Business Insider's homepage for more stories. Online payments giant PayPal announced Wednesday that it plans to buy Honey, a company that makes browser add-ons for its customers, for $4 billion.

 

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PayPal is buying deal-finding service Honey for $4 billion, its biggest acquisition everPayPal said Wednesday that it's buying Honey Science, which is best known for a tool that helps consumers find deals while they shop online.
Source: CNBC - 🏆 12. / 72 Read more »

PayPal is buying deal-finding service Honey for $4 billion, its biggest acquisition everPayPal said Wednesday that it's buying Honey Science, which is best known for a tool that helps consumers find deals while they shop online.
Source: CNBC - 🏆 12. / 72 Read more »