PayPal will continue to pursue potential takeover targets in 2020 amid robust deal activity in the payments sector. “There’s a lot of opportunities to acquire companies inorganically,” Chief Financial Officer John Rainey said.

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    WSJ Pro is tracking return multiples for investments in venture-backed technology companies that have gone public.

    The WSJ Pro Venture-Backed Post-IPO Index measures the performance of VC-backed companies for two years after they go public.