Meta Invests in Cred and Changes WhatsApp Leader

Meta 投資 Cred 並更換 WhatsApp 領導層


Introduction

Meta gave 900 million dollars to an Indian company called Cred. Also, Kunal Shah is the new boss of WhatsApp.

Meta 向一家名為 Cred 的印度公司投資了 9 億美元。此外,Kunal Shah 是 WhatsApp 的新負責人。

Main Body

Meta now owns 20% of Cred. Cred is now worth 4.5 billion dollars. Meta does not see Cred's private customer information.

Meta 目前持有 Cred 20% 的股份。Cred 目前的市值為 45 億美元。Meta 無法查看 Cred 的私人客戶資訊。

Meta wants to grow in India. Many people in India use WhatsApp. Kunal Shah knows the Indian market well, so he will lead WhatsApp now.

Meta 希望在印度成長。許多印度人使用 WhatsApp。Kunal Shah 非常了解印度市場,因此他現在將領導 WhatsApp。

Cred is changing its leaders. Miten Sampat is the new temporary boss. Cred makes more money now and helps 17 million people pay their bills.

Cred 正在更換領導層。Miten Sampat 是新的臨時負責人。Cred 目前獲利增加,並協助 1,700 萬人支付帳單。

Conclusion

Cred will use the money to grow. The company wants to sell shares to the public soon.

Cred 將利用這筆資金成長。該公司希望不久後向大眾出售股份。

Vocabulary Learning

💸 Money Words

When we talk about business, we use these words:

  • Invest → give money to a company to make more money later.
  • Worth → the total value of something.
  • Shares → small parts of a company that people can buy.

👤 People in Charge

In this text, we see two words for a 'leader':

  1. Boss (Informal/Common)
  2. Leader (More general)

Example: Kunal Shah is the new boss \rightarrow he is the leader of the team.


⚙️ The "Now" Pattern

Look at how the text uses now to show a change from the past:

  • Meta now owns 20% (Before, they owned 0%).
  • Cred is now worth 4.5 billion (Before, it was worth less).
  • He will lead WhatsApp now (Before, someone else led it).

Tip: Put "now" after the verb or at the end of the sentence to show a new situation.

Vocabulary Learning

invests (v.)
To put money into a company to make more money later.
Example:The businessman invests his money in a new shop.
worth (adj.)
The value or price of something.
Example:This old car is worth one thousand dollars.
private (adj.)
Something that is only for one person and not for everyone to see.
Example:Please do not read my private letters.
market (n.)
The group of people who buy and sell a product.
Example:The company wants to sell phones in the Asian market.
temporary (adj.)
Lasting for only a short time; not permanent.
Example:I have a temporary job for two months.
bills (n.)
Papers that tell you how much money you must pay for a service.
Example:I have to pay my electricity bills every month.
shares (n.)
Small parts of a company that people can buy.
Example:He bought shares in Apple company.
Practice A2 words in a crossword