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	Podcast:		WIRED Business – Spoken Edition
	Episode:		Why Did PayPal Pay $4 Billion for a Coupon Browser Extension?
	Category:		Business
	Duration:		00:04:56
	Publish Date:		2019-11-29 05:10:24
	Description:		Earlier this week, PayPal agreed to purchase Honey, a Los Angeles-based coupon finder, for an eye-popping $4 billion. If it goes through, it will be the largest tech deal in the city’s history, and PayPal’s biggest acquisition ever. Why would any company shell out that much for a shopping tool? PayPal revolutionized online shopping with its payments system two decades ago, but lately more tech companies have been encroaching on its turf.
	Total Play:		0