U.S. Markets closed

PayPal to buy rewards platform Honey Science for $4 billion

Nov 20 (Reuters) - Payment processor PayPal Holdings Inc said on Wednesday it would buy privately held shopping and rewards platform Honey Science Corp for about $4 billion.

Honey has nearly 17 million monthly active users and notifies consumers about the lowest available price as well as a drop in prices. (Reporting by Abhishek Manikandan in Bengaluru; Editing by Arun Koyyur)