PayPal acquisition brings ‘growth hackers’ into the fold

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    Technology News

    Visitors walk past an Ebay and PayPal banner at the Mobile World Congress in BarcelonaBy Alistair Barr SAN FRANCISCO (Reuters) – PayPal said on Thursday it acquired start-up Iron Pearl, bringing noted “growth hackers” Stan Chudnovsky and James Currier on board to help the online payments service expand more quickly. PayPal, part of eBay Inc, did not disclose a purchase price. PayPal is a dominant online payments service with more than 120 million users, but its growth has slowed in recent years and the company's new president, David Marcus, is looking for ways to revive that. …

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