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The Long-Term Potential of PayPal's Honey Acquisition

The Long-Term Potential of PayPal's Honey Acquisition

PayPal (NASDAQ: PYPL) acquired Honey Science last fall for a whopping $4 billion. After closing the deal last quarter, PayPal wasted no time working to grow Honey's user base. Honey had about 17 million users when PayPal acquired it, and it's growing fast.