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Stock impact report

The Reason PayPal Just Spent $4 Billion on Honey [The Motley Fool]

PayPal Holdings, Inc. (PYPL) 
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
Company Research Source: The Motley Fool
In November, PayPal Holdings ( NASDAQ:PYPL announced the $ billion acquisition That being said, PayPal has had a lot of success making deals. The company purchased Braintree for $800 million in 0 -- that deal included Venmo, which has become a major source of growth for PayPal Could the acquisition of Honey be another game-changing moment for PayPal? Image Source: Getty Images. What Honey brings to PayPal To take a step back, it helps to define what Honey offers -- an internet browser extension and mobile app. Shoppers use Honey to search for products, deals, and coupons. It can also be used during online checkout with many retailers to autofill coupon codes, saving shoppers money. Honey has saved shoppers more than $ billion since it launched seven years ago. And for that good work, it has amassed a loyal user base of 7 million daily active users. PayPal can now integrate Honey's features into the PayPal and Venmo apps. Highlighting products and helping shoppers save money will encou Show less Read more
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