Honey news and trends

PayPal Honey Sweetens the Pot for Shoppers and Merchants As Holidays Approach
eCommerce // August 24, 2022

When PayPal acquired discounting app Honey in early 2020 for $4 billion in cash, it presaged the beefed-up rewards and cash back power of the two properties combined.   With the July announcement that the rebranded PayPal Honey is now a mobile Safari extension, Honey-loving...

PayPal’s Honey Begins Offering Cash Back
Loyalty & Rewards // October 05, 2021

PayPal’s coupon service Honey is now offering cash back, giving U.S. customers another way to redeem Honey Gold points while online shopping. PayPal announced the new program on Tuesday (Oct. 5), saying it will allow users who link their Honey and PayPal accounts to redeem...

PayPal’s Coupon Service Honey Adds Safari-Based Mobile Capabilities
Mobile Applications // September 20, 2021

Online coupon service Honey, which last year found more than $1 billion in potential savings for customers through its desktop browser extension, has introduced the service on mobile Safari for U.S. customers. “Now, shoppers will have access to some of their favorite Honey deal-seeking features...

Online Coupon Company Honey Nets Founders $1.5B After Sale
Partnerships / Acquisitions // January 29, 2020

George Ruan and Ryan Hudson, the co-founders of online coupon service Honey, received a pre-tax haul of $1.5 billion after their company was sold to PayPal, according to a report Tuesday (Jan. 28)  by Bloomberg. The men are from Los Angeles and the company was...

Quick Reads
Shoppers Embrace AI Tools in Search for Black Friday Bargains

November 27, 2024
Shoppers are reportedly embracing artificial intelligence (AI) and other digital tools as they search for Black Friday bargains. OpenAI’s ChatGPT, PayPal’s Honey app, Perplexity AI’s search and shopping features, and Weever.AI’s product recommendations site are among the resources mentioned by shoppers interviewed by Bloomberg for a report posted Wednesday (Nov. 27). At the same time, the report said that shoppers find that generative AI […]

PayPal’s Honey Begins Offering Cash Back

October 05, 2021
PayPal’s coupon service Honey is now offering cash back, giving U.S. customers another way to redeem Honey Gold points while online shopping. PayPal announced the new program on Tuesday (Oct....

PayPal’s Coupon Service Honey Adds Safari-Based Mobile Capabilities

September 20, 2021
Online coupon service Honey, which last year found more than $1 billion in potential savings for customers through its desktop browser extension, has introduced the service on mobile Safari for...

Online Coupon Company Honey Nets Founders $1.5B After Sale

January 29, 2020
George Ruan and Ryan Hudson, the co-founders of online coupon service Honey, received a pre-tax haul of $1.5 billion after their company was sold to PayPal, according to a report...