Honey looks like a sweet deal for PayPal
BOULDER — Honey Science Corp., the developer of shopping rewards platform Honey, will be acquired by PayPal Holdings Inc. (Nasdaq: PYPL) for $4 billion.
Los Angeles-based Honey has operations in Boulder at 1881 Ninth St.
The company has had a Boulder presence since summer 2018, when Honey leased a 2,500-square-foot office.
Engineers there develop Honey’s core products, including a browser extension that pulls online coupons and can predict lower prices automatically for shoppers.
The acquisition is not expected to change local operations.
“We’re looking forward to continued growth and don’t anticipate any impacts,”…
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