Honey — the under-the-radar coupon startup — has held talks to raise around $100 million in a new investment

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Honey co-founder Ryan Hudson

The Los Angeles-based startup operates an unsexy but lucrative business.

Online coupons may sound so 2008, but they are still big business in 2018.

Honey, a startup whose internet tool tells online shoppers whether there is an eligible coupon for their purchase, has held talks to raise somewhere around $ 100 million in new investment money, according to multiple sources.

Honey co-founder Ryan Hudson confirmed the talks to Recode in February, but at the time said his company had discontinued the discussions to focus on new product development. But after another inquiry last week, Hudson confirmed that the talks had restarted.

“Something came inbound that we’re seriously considering but not closed so nothing to announce yet,” he wrote in an email. He declined to provide more details.

Honey, based in Los Angeles, was founded in 2012 and makes technology that scours the web for available digital coupons and sales. Its website browser extension then displays those coupons or sale codes to shoppers right when they reach the checkout page on thousands of partnering retail sites. The tool is designed to help shoppers feel confident about going ahead with their purchase — coupon or no coupon — without leaving the page.

The funding discussions come at a time when investors have shown renewed interest in digital-native consumer brands that have the potential for mass appeal, and especially those that can grow fast without losing massive amounts of money.

Hudson said in February that Honey was basically running at “cash-flow neutral” and would only raise money if the terms were too good to pass up. The startup generates revenue by earning a commission on transactions at some partnering merchants since it says its tool increases purchase conversion rates. Honey also makes money from a cash-back program similar to that of Ebates, the unsexy online shopping site that is nonetheless a cash cow; Rakuten bought it for $ 1 billion in 2014.

Over the past year, Honey has beefed up its staff from 30-something people to north of 120 as it quietly builds the next version of the company. Honey has raised around $ 40 million in venture capital from Anthos Capital and others to date.

“If we plan to just do what we do today, we would do that with a much smaller team and be generating a lot of cash,” Hudson said.

He declined to provide details of what the company is working on other than saying it will be “a mobile version of the Honey shopping experience” that will likely launch before the holidays.

“If people think of us as a coupon extension a year or two from now,” he said, “we will have failed at execution.”

Recode – All

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[Deal Alert] 3-pack of Aukey USB C to USB A cables for $6.95 (42% off) with Amazon coupon code

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They say the future is wireless, but unfortunately we still live in the present. Phones, tablets, and laptops are all charged using cables, and it seems that you can never have too many USB Type-C cables lying around. Luckily, Slickdeals has spotted a great deal for three Aukey USB A to USB C cables with a coupon code that’ll save you 42% off the already discounted sticker price of $ 11.99.

The Aukey cables are specified as USB 3.1 Gen 1 (formerly known as USB 3.0), meaning they can handle data transfer speeds of up to 5 Gbps.

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[Deal Alert] 3-pack of Aukey USB C to USB A cables for $ 6.95 (42% off) with Amazon coupon code was written by the awesome team at Android Police.

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Flash Coupon: 15% off sitewide at eBay today only

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Today only, save 15% on top of already reduced prices at eBay on orders over $ 25 (up to $ 50 off) with coupon. This offer is valid on Apple’s brand-new HomePod, the popular Apple TV 4K, MacBook Pros and more. Offer ends tonight at 8 p.m. Pacific.
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Another chance to win one of 12 CASESSARY Galaxy S8 4500mAh battery cases with QC 3.0 support (plus a 25% off coupon) [US]

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If you missed out on our last S8 charging case giveaway, you’re in luck: It’s back! We have partnered with CASESSARY again to give 12 AP readers their new 4500 mAh battery cases for the S8 that come with several features that make them better than your average competitor.

First of all, the CASESSARY case supports Quick Charge 3.0, so you don’t have to worry about your phone drawing more power than it takes in while you’re using it.

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Another chance to win one of 12 CASESSARY Galaxy S8 4500mAh battery cases with QC 3.0 support (plus a 25% off coupon) [US] was written by the awesome team at Android Police.

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[Update: Last day to enter] Giveaway: Win one of 20 CHOETECH T511-S 10W charging pads, 20 T511 5W charging pads, or buy now with exclusive coupon [Global]

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If you have a wireless charging-capable phone, chances are you could use another charging base. It’s hard to have too many and if the one(s) you have is a little older, it may not have the power to charge your phone at top speed. Whatever the case, most of you will want to win one of the 40(!) CHOETECH charging pads that we’re giving away.

Here’s what’s up for grabs:

  • 20 CHOETECH T511-S 10W charging pads
  • 20 CHOETECH T511 5W charging pads

The T511-S supports faster charging for devices that support it, like the Samsung Galaxy S9/S9+, Note8, and some earlier generation Galaxy S and Note phones.

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[Update: Last day to enter] Giveaway: Win one of 20 CHOETECH T511-S 10W charging pads, 20 T511 5W charging pads, or buy now with exclusive coupon [Global] was written by the awesome team at Android Police.

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eBay Launches Limited Time 20% Off Coupon: Get HomePod, Apple TV, and More Discounted [Updated]

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eBay today launched a pre-daylight savings coupon that takes 20 percent off “everything” on the online reseller’s storefront, with a few exclusions including gift cards, coupons, coins and paper money, and real estate. Outside of these categories, you’re free to apply the 20 percent off coupon to any other items today, including Apple products like the HomePod.

eBay explained that the coupon PSPRING20 is valid until 8 p.m. PST tonight, March 9, and it applies to the purchase price of eligible item/items, not including shipping, handling, and taxes. That purchase price has to be $25 or more, and the 20 percent discount will be capped at a value of $100. You’ll need to be an eBay member with a registered address located in the United States or Canada to take advantage of the coupon as well.

Note: MacRumors is an affiliate partner with eBay. When you click a link and make a purchase, we may receive a small payment, which helps us keep the site running.

If you meet the criteria, you can essentially shop in any category (barring exclusions) on eBay to find something that might interest you for the discount. Once you find the item you want and it exceeds $25, click “Buy it Now,” and before you complete your order type in PSPRING20 in the “Gift cards, coupons, eBay Bucks” section of the checkout process and hit Apply.

For Apple-related items, the Daily Deals tech section is a good place to browse, and one notable savings compatible with the coupon today is a HomePod in brand new condition, sold by alldayzip. With the 20 percent discount applied and free shipping, the HomePod comes to $271.99, compared to its $350 price tag at all other major retailers. For some shopping ideas, we listed the HomePod and a few other Apple products and related accessories below:

As with any eBay reseller purchase, the savings come with the caveat of buying a device that might not be in brand new condition. Still, today’s promo code is compatible across all of eBay, not just its Daily Deals section, so there are many brand new, new, or like new products that you could nab at a discounted price today.

Head over to eBay to shop, and if you’re interested make sure to place your order by tonight at 8 p.m. PST. For more sales information, be sure to visit our Deals Roundup.

Update 1:35 p.m. PT: The HomePod sold by alldayzip has sold out in both colorways.

Related Roundup: Apple Deals
Tag: eBay

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Today only: Save 20% on Apple TV 4Ks, HomePods, Beats headphones and more with eBay coupon

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Time is running out to save 20% on top of already reduced prices on nearly everything at eBay (up to $ 100 off). This offer is valid on Apple’s brand-new HomePod, the popular Apple TV 4K, MacBook Pros and more. Offer ends at 8 p.m. Pacific tonight.
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Giveaway: Get one of 15 pairs of MJYUN Truly Wireless Earbuds and charging case (a $39.99 value) plus a 20% off coupon for everyone else [US]

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For years now, the quirky feature of most wireless headphones has been, well, wires. Now, thanks to companies like MJYUN, we have truly wireless headphones and at an affordable price. In fact, 15 of our readers will be getting them for free and the rest of you can take advantage of a 20% off coupon.

When I say truly wireless, I mean not just no wire connecting to your phone, computer, or other host device, but no wire connecting the buds either.

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Giveaway: Get one of 15 pairs of MJYUN Truly Wireless Earbuds and charging case (a $ 39.99 value) plus a 20% off coupon for everyone else [US] was written by the awesome team at Android Police.

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How to save up to $250 on Apple’s current 13″ MacBook Pro with coupon and instant savings, plus no tax outside NY & NJ and 0% financing

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Readers this week can snap up the lowest prices available on Apple’s Mid 2017 13-inch MacBook Pro, from standard models all the way up to maxed out CTO systems. Save up to $ 250 with exclusive coupon savings and/or instant cash rebates — all with no sales tax outside NY and NJ, as well as no interest financing on approved credit.
AppleInsider – Frontpage News

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[Last day to enter] We’re giving away 12 CASESSARY Galaxy S8 4500mAh battery cases with QC 3.0 support (plus a 40% off coupon) [US]

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND

If you have a Samsung Galaxy S8 (or are about to get one), this giveaway is for you. We have partnered with CASESSARY to give 12 AP readers their new 4500 mAh battery cases for the S8 that come with several features that make them better than your average competitor.

First of all, the CASESSARY case supports Quick Charge 3.0, so you don’t have to worry about your phone drawing more power than it takes in while you’re using it.

Read More

[Last day to enter] We’re giving away 12 CASESSARY Galaxy S8 4500mAh battery cases with QC 3.0 support (plus a 40% off coupon) [US] was written by the awesome team at Android Police.

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