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PayPal Honey's revenue comes from a commission made on user transactions with partner retailers. When a member makes a purchase from merchants partnering with the company, Honey shares part of their commission with the member in a
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article, written shortly after the acquisition, questioned whether the claim was motivated by PayPal's newly acquired ability to compete against Amazon.
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In 2020, PayPal Honey launched a web series called "Honey
Originals", where Honey partners were interviewed, including segments "20 Questions
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PayPal Honey has become known for its heavy use of YouTube advertising and channel sponsorships for its marketing. Similarly to
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771:"A struggling dad built an app to buy his kids cheaper pizza — and now his company has 5 million downloads and $ 40 million"
744:
730:
536:
214:, led by Anthos Capital in March 2017. By January 2018, Honey raised a total of $ 40.8 million in venture backing.
458:
199:
Entrepreneurs Ryan Hudson and George Ruan founded Honey in
November 2012 in Los Angeles, California, after building a
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program. Users are notified of price drops and price history on selected items sold by participating online stores.
745:"Honey — the under-the-radar coupon startup — has held talks to raise around $ 100 million in a new investment"
618:
346:
430:
261:
253:
257:, it offers paid sponsorships to popular YouTube channels to advertise the service to its viewers.
619:"Browser Extension 'Honey', a Frequent Shane Dawson and MrBeast Sponsor, Acquired for $ 4 Billion"
726:
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403:"Honey Introduces a Universal Cart for Online Shoppers Where Savings Are Automatically Applied"
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563:"Amazon suspiciously says browser extension Honey is a security risk, now that PayPal owns it"
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claimed to its users that the extension was a security risk that sold personal information. A
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known for developing a browser extension that aggregates and automatically applies online
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644:"What is 'Honey' on the Clippers' uniforms? Explaining LA's jersey sponsorship patch"
537:"PayPal acquires the company behind the Honey deal-finding extension for $ 4 billion"
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431:"L.A. Tech: Can't find a coupon code? This L.A. start-up does all the work for you"
487:
347:"Online coupon firm Honey taking over historic Coca-Cola plant in Arts District"
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28:
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of the browser extension in late
October 2012. A bug tester leaked the tool to
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39:
207:, where it went viral. By March 2014, the company had 900,000 organic users.
375:"New Coupon Startup 'Honey' Has Had 9 Successful Investor Meetings in a Row"
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for about $ 4 billion. Nearly immediately after PayPal acquired Honey,
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797:"How Honey helps users keep their New Year's resolution to save money"
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314:"Coupon Duo Now Worth $ 1.5 Billion After Honey's Sale to PayPal"
459:"Got a Problem? Turn it into a Business Like These 15 Companies"
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In 2019, the company became a shirt sponsor of the NBA team,
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Reward, cashback and comparison-shopping digital platforms
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In June 2022, the company was renamed PayPal Honey.
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857:Technology companies based in Greater Los Angeles
312:Metcalf, Tom; Verhage, Julie (January 28, 2020).
307:
305:
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511:"Why PayPal Paid $ 4 Billion for Honey Science"
16:American company operating a browser extension
8:
708:Add to Cart with Gibi ASMR | Honey Originals
21:
671:20 Questions with MrBeast | Honey Originals
27:
20:
852:Internet properties established in 2012
598:from the original on September 26, 2022
484:"PayPal Completes Acquisition of Honey"
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217:On January 6, 2020, it was acquired by
847:American companies established in 2012
795:Ellingson, Annlee (January 31, 2018).
373:Shontell, Alyson (January 16, 2013).
7:
429:Pierson, David (October 24, 2017).
617:Weiss, Geoff (November 21, 2019).
14:
769:Kane, Libby (November 17, 2017).
535:Peters, Jay (November 20, 2019).
509:Taulli, Tom (November 23, 2019).
345:Vincent, Roger (August 1, 2018).
210:Honey raised a $ 26 million
743:Rey, Jason Del (April 2, 2018).
802:American City Business Journals
457:Ketchum, Dan (April 11, 2019).
401:Perez, Sarah (March 25, 2014).
862:Companies based in Los Angeles
1:
887:2020 mergers and acquisitions
872:Nonfree Firefox WebExtensions
561:Lee, Dami (January 9, 2020).
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867:Internet Explorer add-ons
26:
877:Google Chrome extensions
711:. Honey. March 21, 2020
588:"What is PayPal Honey?"
191:on eCommerce websites.
674:. Honey. July 1, 2019
144:209 (worldwide, 2018)
648:www.sportingnews.com
262:Los Angeles Clippers
254:Raid: Shadow Legends
179:, formerly known as
326:on December 9, 2020
271:" and "Add To Cart
140:Number of employees
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594:. June 29, 2022.
490:. January 6, 2020
486:(Press release).
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352:Los Angeles Times
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63:October 2012
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806:. Retrieved
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727:Ghostarchive
725:Archived at
719:– via
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688:Archived at
682:– via
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600:. Retrieved
592:PayPal Honey
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570:. Retrieved
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546:February 25,
544:. Retrieved
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518:. Retrieved
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324:the original
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177:PayPal Honey
176:
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133:(Co-founder)
85:Headquarters
36:Company type
22:PayPal Honey
18:
754:January 13,
572:February 8,
520:January 28,
488:PR Newswire
330:January 28,
247:, Amazon's
130:Ryan Hudson
124:George Ruan
104:Area served
89:Los Angeles
80:Ryan Hudson
78:George Ruan
836:Categories
780:January 3,
623:Tubefilter
408:TechCrunch
358:January 3,
292:References
120:Key people
93:California
40:Subsidiary
654:April 20,
567:The Verge
541:The Verge
239:Marketing
201:prototype
166:joinhoney
827:Shopkick
821:See also
729:and the
692:and the
628:June 11,
596:Archived
286:cashback
230:magazine
75:Founders
46:Industry
721:YouTube
684:YouTube
279:Revenue
249:Audible
245:NordVPN
195:History
189:coupons
161:Website
67:2012-10
65: (
60:Founded
842:PayPal
749:Recode
515:Forbes
273:with _
269:with _
223:Amazon
219:PayPal
205:Reddit
185:PayPal
155:PayPal
150:Parent
109:Canada
228:Wired
181:Honey
127:(CEO)
810:2022
782:2019
756:2024
717:2022
680:2022
656:2023
630:2020
604:2022
574:2022
548:2020
522:2020
496:2022
470:2022
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388:2022
360:2019
332:2020
251:and
168:.com
275:".
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
