PayPal to Buy Honey Science for $4 Billion


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PayPal Holdings Inc. has reached a roughly $4 billion deal to buy shopping and rewards platform Honey Science Corp., as it pushes to gain a bigger role in consumers’ shopping habits.

PayPal executives, in a conference call with analysts, said the proposed deal—PayPal’s largest to date—would serve as “a springboard for PayPal’s broader commerce initiatives.”

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