PayPal Changes How the Company Works
Introduction
PayPal has a new plan. It now has three different parts.
Main Body
The new boss is Enrique Lores. He put Venmo in its own group. This helps the company see if Venmo makes money. He also put customers and shops into one group. The last group handles Braintree and digital money. Other companies are now very strong. This makes it hard for PayPal to make a lot of money. Some people think a company called Stripe wants to buy parts of PayPal. People who buy PayPal stocks are happy. The stock price went up a little bit on Wednesday. But the price is lower than it was at the start of the year.
Conclusion
PayPal will give more information in a meeting soon.
Learning
š THE TIME SHIFT
Look at how the story talks about now vs. before.
Right Now (Present)
- PayPal has a new plan.
- Other companies are now very strong.
The Past (Finished)
- The stock price went up. (go ā went)
- The price was lower. (is ā was)
š§© ACTION WORDS (Verbs)
Notice these patterns for moving and changing things:
Put ā He put Venmo in its own group.
Make ā ...if Venmo makes money.
Give ā PayPal will give more information.
Quick Tip: To talk about a company's goal, use: [Company] + wants to + [action] ā Stripe wants to buy parts of PayPal.
š° MONEY WORDS
| Word | Simple Meaning |
|---|---|
| Stocks | Small pieces of a company you can buy |
| Price | How much it costs |
| Makes money | Earns profit |