PayPal Acquires Happy Returns

Announced May 13, 2021

What happened

Happy Returns operated a reverse-logistics network that let shoppers return online purchases at physical drop-off locations.

PayPal's acquisition history

25th of 27 tracked deals

Disclosed prices

15 of 27 PayPal deals

PayPal's average disclosed price

$879.9M

PayPal's largest disclosed deal

Honey ($4B)

Tracked acquisitions in 2021

63 across all acquirers

PayPal in Reverse logistics / returns

1 acquisition

When did PayPal acquire Happy Returns?

PayPal acquired Happy Returns on May 13, 2021. This was PayPal's 25th publicly tracked acquisition out of 27 we have on record.

How much did PayPal pay for Happy Returns?

The price PayPal paid for Happy Returns was not publicly disclosed. Only 15 of PayPal's 27 tracked acquisitions have a disclosed price.

What does Happy Returns do?

Happy Returns operated a reverse-logistics network that let shoppers return online purchases at physical drop-off locations.

What other Reverse logistics / returns companies has PayPal acquired?

Happy Returns is PayPal's only publicly tracked acquisition in Reverse logistics / returns so far.