Los Angeles county Hudson Compass Hilton & Hyland Bel Air Los Angeles county Hudson

Honey’s Billionaire Founder Buys $60 Million Bel Air Mega-Mansion

Reading now: 388
variety.com

Low-profile tech entrepreneur George Ruan became an overnight billionaire earlier this year when Honey, the electronic coupon-clipping browser extension he co-founded with Ryan Hudson in 2012, was sold to PayPal for $4 billion in cash.

That unprecedented mega-deal ranks as the biggest tech acquisition in Los Angeles history, easily eclipsing the $2 billion that Facebook paid for Oculus VR back in 2014. (Despite the sale, Ruan continues to officially lead the Honey team.) Honey provides its clients with sweet deals on a wide variety of eCommerce websites, and the company sports approximately 17 million monthly users.

Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA