
FILE PHOTO: The German headquarters of the electronic payments division PayPal is pictured at Europarc Dreilinden business park south of Berlin in Kleinmachnow, Germany, August 6, 2019. REUTERS/Fabrizio Bensch/File Photo
November 20, 2019
(Reuters) – Payment processor PayPal Holdings Inc <PYPL.O> said on Wednesday it would buy privately held shopping and rewards platform Honey Science Corp for about $4 billion.
Honey has nearly 17 million monthly active users and notifies consumers about the lowest available price as well as a drop in prices.
(Reporting by Abhishek Manikandan in Bengaluru; Editing by Arun Koyyur)