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PayPal Acquires Happy Returns

PayPal Acquires Happy Returns Happy Returns, a Santa Monica, CA-based tech returns company. The amount of the deal was not disclosed. As part of PayPal, Happy Returns will continue offering its returns experience to retailers and shoppers. The technology and platform will help extend PayPal’s commerce platform beyond discovery and payments to the post-purchase experience. With PayPal’s support, the company will also focus on improving the platform and expanding its presence. With the addition of PayPal’s technology, Happy Returns’ commerce platform, which includes Honey and checkout products, will be able to guide consumers along their entire commerce journey from discovery (Offers & Deals), payments (PayPal and Venmo online & in-store) to returns and exchanges.

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PayPal to Acquire Dropoff Service Happy Returns

PayPal will acquire Happy Returns. The payments icon in 2019 participated in an $11 million funding round for the product-returns provider.

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PayPal buying Happy Returns to streamline product returns

PayPal buying Happy Returns to streamline product returns
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PayPal acquires returns logistics business, Happy Returns – TechCrunch

PayPal acquires returns logistics business, Happy Returns PayPal announced today it’s acquiring Happy Returns, a returns solution provider that offers online shoppers access to easier ways to send back unwanted merchandise to retailers without having to box it up and ship it themselves. The company today offers a network of more than 2,600 drop-off returns locations in the U.S., including those in over 1,200 metros and in every U.S. state. It also has relationships with hundreds of brands that have been using its returns software and reverse logistics services. The company says it will continue to offer its returns experience to online retailers and shoppers as a part of PayPal.

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