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Catherine321
Catherine321
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2021-07-02
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Catherine321
Catherine321
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2021-06-30
Hi
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Catherine321
Catherine321
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2021-06-30
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Catherine321
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2021-06-30
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Catherine321
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2021-06-30
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Catherine321
Catherine321
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2021-06-30
Yes
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Catherine321
Catherine321
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2021-06-30
Yes
Why The Infrastructure Bill Could Be Bad News For The Stock Market
The SPDR S&P 500 ETF Trust(NYSE:SPY) and the Global X US Infrastructure Development ETF(BATS:PAVE) b
Why The Infrastructure Bill Could Be Bad News For The Stock Market
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Catherine321
Catherine321
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2021-06-30
Wow
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Catherine321
Catherine321
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2021-06-30
Iike pls
Exela Technologies and Marin Software Join Reddit Meme Rally
Marin Software (MRIN) and Exela Technologies (XELA) both surged on Tuesday amid touts for both compa
Exela Technologies and Marin Software Join Reddit Meme Rally
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Catherine321
Catherine321
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2021-06-29
Yes
Venmo to Charge Users for Selling Goods and Services
Payments app says it will allow use of personal accounts for business transactions as of July 20 Und
Venmo to Charge Users for Selling Goods and Services
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10:32","market":"us","language":"en","title":"Why The Infrastructure Bill Could Be Bad News For The Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1160106611","media":"Benzinga","summary":"The SPDR S&P 500 ETF Trust(NYSE:SPY) and the Global X US Infrastructure Development ETF(BATS:PAVE) b","content":"<div>\n<p>The SPDR S&P 500 ETF Trust(NYSE:SPY) and the Global X US Infrastructure Development ETF(BATS:PAVE) both initially traded higher last week afterPresident Joe Bidensaid “we have a deal” on a bipartisan ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/06/21773161/why-the-infrastructure-bill-could-be-bad-news-for-the-stock-market\">Web Link</a>\n\n</div>\n","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why The Infrastructure Bill Could Be Bad News For The Stock Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy The Infrastructure Bill Could Be Bad News For The Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 10:32 GMT+8 <a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/06/21773161/why-the-infrastructure-bill-could-be-bad-news-for-the-stock-market><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The SPDR S&P 500 ETF Trust(NYSE:SPY) and the Global X US Infrastructure Development ETF(BATS:PAVE) both initially traded higher last week afterPresident Joe Bidensaid “we have a deal” on a bipartisan ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/06/21773161/why-the-infrastructure-bill-could-be-bad-news-for-the-stock-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/06/21773161/why-the-infrastructure-bill-could-be-bad-news-for-the-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160106611","content_text":"The SPDR S&P 500 ETF Trust(NYSE:SPY) and the Global X US Infrastructure Development ETF(BATS:PAVE) both initially traded higher last week afterPresident Joe Bidensaid “we have a deal” on a bipartisan infrastructure bill worth nearly $1 trillion.\nInvestors initially assumed more government investment in infrastructure spending would be good news for stocks, but Sevens Report Research’s Tom Essaye said Monday the infrastructure bill would be either good news or bad news for stocks depending on if and under what circumstances it gets passed.\nSocial Infrastructure:First, there is now a question about whether or not the infrastructure bill will even get passed.\nBiden followed up his initial comments by saying he would not sign the bill unless it was accompanied by a “social infrastructure” bill that includes investment in social initiatives, such as free community college and universal pre-kindergarten. Biden has said those programs would be funded largely via tax increases.\nIt’s unclear at this point whether Biden will attempt to pass the bipartisan physical infrastructure deal and the social infrastructure deal as part of the same package or if they could potentially have enough votes to pass them without Republican support.\nPossible Scenarios:Essaye said the best-case scenario for the stock market would likely be for the bipartisan infrastructure bill to pass while the social infrastructure bill does not.\n“I say that because the net economic impact would be more stimulus (increase infrastructure spending) but no tax increases,” Essaye said in the email.\nThe second-best outcome would be for neither bill to pass given that would essentially maintain the status quo.\nThe worst-case scenario for investors would be that the bipartisan physical infrastructure passes along with the social infrastructure bill, Essaye said.\n“From a market standpoint, at this point the risk of an infrastructure bill is greater than the reward, again because any corporate tax increase (or capital gains tax increases) would more than offset any positives from an additional $600 billion in spending over the next few years,” he said.\nBenzinga’s Take:For over a year now, almost all of the policy headlines out of Washington have been bullish for the stock market given they have mostly been one stimulus spending program after another.\nBiden has been consistent about his desire to raise taxes on corporations, top earners and investors, so investors should be prepared for some potential negative headlines out of Washington as the administration’s attention shifts away from saving the economy from the pandemic and toward funding Biden’s other campaign promises.","news_type":1,"symbols_score_info":{".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153669600,"gmtCreate":1625022004200,"gmtModify":1631889137363,"author":{"id":"3569880697294695","authorId":"3569880697294695","name":"Catherine321","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569880697294695","authorIdStr":"3569880697294695"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/153669600","repostId":"1114123601","repostType":4,"isVote":1,"tweetType":1,"viewCount":2216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153660684,"gmtCreate":1625021943048,"gmtModify":1631889137367,"author":{"id":"3569880697294695","authorId":"3569880697294695","name":"Catherine321","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569880697294695","authorIdStr":"3569880697294695"},"themes":[],"htmlText":"Iike pls","listText":"Iike pls","text":"Iike pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/153660684","repostId":"1188834127","repostType":4,"repost":{"id":"1188834127","kind":"news","pubTimestamp":1625020817,"share":"https://www.laohu8.com/m/news/1188834127?lang=&edition=full","pubTime":"2021-06-30 10:40","market":"us","language":"en","title":"Exela Technologies and Marin Software Join Reddit Meme Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1188834127","media":"thestreet","summary":"Marin Software (MRIN) and Exela Technologies (XELA) both surged on Tuesday amid touts for both compa","content":"<p>Marin Software (<b>MRIN</b>) and Exela Technologies (<b>XELA</b>) both surged on Tuesday amid touts for both companies’ shares on Reddit message boards to collectively push back against a potential short-squeeze.</p>\n<p>Marin shares were up more than 40% in premarket trading, extending gains that have seen its stock rise more than 300% in the past seven trading days. Exela Technologies’ shares were up more than 30% amid touts on various sub-Reddits. At the open, Marin shares were up 13% and Exela shares were up 65%.</p>\n<p>Neither company reported any specific news on Tuesday. Marin's stock hasn't traded above $10 since January 2018, while Exela shares haven't gone above the $10 mark since January 2019. Both companies trade on the Nasdaq.</p>\n<p>Marin last weekannounced an enhancement to ad management softwarethat allows users to manage ads placed on online grocery platform Instacart, providing new options for targeting online shoppers with targeted ads.</p>\n<p>Marin said the added ability to its platform will help advertisers better optimize the some $40 billion they spend in digital advertising geared to target consumers to buy goods and services that complement what they are already looking to purchase.</p>\n<p>Exela Technologies, meantime, on Fridayreceived a favorable ruling by a Texas courtdismissing a federal securities class action suit. U.S. District Judge Sydney A. Fitzwater on June 25 granted Exela’s motion to dismiss the suit in its entirety.</p>\n<p>Exela earlier this month alsoannouncedan extension and expansion of its partnership with a large specialty care services insurance carrier. For its first quarter, Exelaposteda net loss of $39.2 million on revenue of $300.1 million, though said it expects full-year revenue to be in the range of $1.25 billion to $1.39 billion.</p>\n<p>At last check, shares of Marin were up 13.07% at $8.48. Shares of Exela were up 65.61% at $2.43.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Exela Technologies and Marin Software Join Reddit Meme Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nExela Technologies and Marin Software Join Reddit Meme Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 10:40 GMT+8 <a href=https://www.thestreet.com/investing/exela-xela-marin-software-mrin-reddit-meme-rally><strong>thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Marin Software (MRIN) and Exela Technologies (XELA) both surged on Tuesday amid touts for both companies’ shares on Reddit message boards to collectively push back against a potential short-squeeze.\n...</p>\n\n<a href=\"https://www.thestreet.com/investing/exela-xela-marin-software-mrin-reddit-meme-rally\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XELA":"Exela Technologies, Inc."},"source_url":"https://www.thestreet.com/investing/exela-xela-marin-software-mrin-reddit-meme-rally","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188834127","content_text":"Marin Software (MRIN) and Exela Technologies (XELA) both surged on Tuesday amid touts for both companies’ shares on Reddit message boards to collectively push back against a potential short-squeeze.\nMarin shares were up more than 40% in premarket trading, extending gains that have seen its stock rise more than 300% in the past seven trading days. Exela Technologies’ shares were up more than 30% amid touts on various sub-Reddits. At the open, Marin shares were up 13% and Exela shares were up 65%.\nNeither company reported any specific news on Tuesday. Marin's stock hasn't traded above $10 since January 2018, while Exela shares haven't gone above the $10 mark since January 2019. Both companies trade on the Nasdaq.\nMarin last weekannounced an enhancement to ad management softwarethat allows users to manage ads placed on online grocery platform Instacart, providing new options for targeting online shoppers with targeted ads.\nMarin said the added ability to its platform will help advertisers better optimize the some $40 billion they spend in digital advertising geared to target consumers to buy goods and services that complement what they are already looking to purchase.\nExela Technologies, meantime, on Fridayreceived a favorable ruling by a Texas courtdismissing a federal securities class action suit. U.S. District Judge Sydney A. Fitzwater on June 25 granted Exela’s motion to dismiss the suit in its entirety.\nExela earlier this month alsoannouncedan extension and expansion of its partnership with a large specialty care services insurance carrier. For its first quarter, Exelaposteda net loss of $39.2 million on revenue of $300.1 million, though said it expects full-year revenue to be in the range of $1.25 billion to $1.39 billion.\nAt last check, shares of Marin were up 13.07% at $8.48. Shares of Exela were up 65.61% at $2.43.","news_type":1,"symbols_score_info":{"MRIN":0.9,"XELA":0.9}},"isVote":1,"tweetType":1,"viewCount":1737,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150551949,"gmtCreate":1624922556381,"gmtModify":1631889137377,"author":{"id":"3569880697294695","authorId":"3569880697294695","name":"Catherine321","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569880697294695","authorIdStr":"3569880697294695"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150551949","repostId":"1155001269","repostType":4,"repost":{"id":"1155001269","kind":"news","pubTimestamp":1624890515,"share":"https://www.laohu8.com/m/news/1155001269?lang=&edition=full","pubTime":"2021-06-28 22:28","market":"us","language":"en","title":"Venmo to Charge Users for Selling Goods and Services","url":"https://stock-news.laohu8.com/highlight/detail?id=1155001269","media":"The Wall Street Journal","summary":"Payments app says it will allow use of personal accounts for business transactions as of July 20\nUnd","content":"<p>Payments app says it will allow use of personal accounts for business transactions as of July 20</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/02395d1b49a17f0e7ef11976b3f504f9\" tg-width=\"1260\" tg-height=\"840\"><span>Under current policy, Venmo users conducting business through their personal accounts could have their accounts suspended.</span></p>\n<p>Venmo, the payments app owned by PayPal Holdings Inc.,will soon allow users to sell products and services on their personal accounts, for a fee.</p>\n<p>Under the app’s previous rules, users were prohibited from receiving money for business transactions through personal Venmo profiles. Users suspected of violating the policy could have their accounts suspended.</p>\n<p>The new policy, disclosed in a letter to users about terms-of-service updates, will take effect on July 20.</p>\n<p>A Venmo spokeswoman said the latest changes mean users who don’t want to create a business profile will be allowed to accept money for goods and services without worrying about running afoul of the rules. They will be charged the same 1.9% plus 10-cent fee applied to customers using business profiles.</p>\n<p>The change is the latest attempt by PayPal to profit from Venmo’s massive user base. The company rolled out the first Venmo-branded physical credit card last year, looking to attract customers by touting the QR code on the front of the card, and a flexible cash-back rewards program.</p>\n<p>Venmo is one of the most popular digital-finance apps in the U.S. It has gained even more users during the pandemic as new services—such as allowing for the direct deposit of stimulus checks into Venmo accounts—more than offset fewer people using the app to split bills at bars and restaurants.</p>\n<blockquote>\n ‘I had 10 years of using it [free] with no issues. I figured it was going to come to an end at some point.’\n</blockquote>\n<blockquote>\n — Joe Johnson, Venmo user\n</blockquote>\n<p>PayPal Chief Executive Dan Schulman said during an earnings call in February that Venmo’s user base had increased 32% in 2020 to nearly 70 million active accounts. About $51 billion was transferred via Venmo in the first quarter, a 63% increase from the previous year. PayPal expects Venmo to generate nearly $900 million in revenue in 2021.</p>\n<p>Thursday’s announcement was met online with confusion from customers who didn’t understand how the app would determine which transactions should be charged the fee. Some speculated that the company would use the messages people add to their payments to figure out if the money was for a business transaction.</p>\n<p>Venmo will add a toggle to its user interface that will allow customers to indicate if the money they are sending is for a good or service, a company spokeswoman said. Those transactions will be eligible for the app’s purchase protection plan, which allows customers to dispute charges for purchases that don’t arrive or aren’t as expected, she said.</p>\n<p>The transaction fee will be automatically deducted from the amount sent.</p>\n<p>Joe Johnson, a 58-year-old fitness trainer who owns a training facility in Nashville, Tenn., uses Venmo to receive payments from clients and to pay his contract workers. He estimates that at least 80% of his customers pay through Venmo, and he receives multiple payments through the app each day. “I take Cash App, Zelle, credit cards, checks, cash—however people want to pay,” he said. “But Venmo rules right now.”</p>\n<p>Mr. Johnson said he has been a Venmo customer since its early days and never got around to creating a business profile, but as long as the fee doesn’t get too high he is fine with paying it. He said he would include the new costs the next time he raises his prices for incoming customers.</p>\n<p>“I had 10 years of using it [free] with no issues,” he said. “I figured it was going to come to an end at some point.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Venmo to Charge Users for Selling Goods and Services</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVenmo to Charge Users for Selling Goods and Services\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 22:28 GMT+8 <a href=https://www.wsj.com/articles/venmo-to-charge-users-for-selling-goods-and-services-11624705202?mod=tech_lead_pos3><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Payments app says it will allow use of personal accounts for business transactions as of July 20\nUnder current policy, Venmo users conducting business through their personal accounts could have their ...</p>\n\n<a href=\"https://www.wsj.com/articles/venmo-to-charge-users-for-selling-goods-and-services-11624705202?mod=tech_lead_pos3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal"},"source_url":"https://www.wsj.com/articles/venmo-to-charge-users-for-selling-goods-and-services-11624705202?mod=tech_lead_pos3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155001269","content_text":"Payments app says it will allow use of personal accounts for business transactions as of July 20\nUnder current policy, Venmo users conducting business through their personal accounts could have their accounts suspended.\nVenmo, the payments app owned by PayPal Holdings Inc.,will soon allow users to sell products and services on their personal accounts, for a fee.\nUnder the app’s previous rules, users were prohibited from receiving money for business transactions through personal Venmo profiles. Users suspected of violating the policy could have their accounts suspended.\nThe new policy, disclosed in a letter to users about terms-of-service updates, will take effect on July 20.\nA Venmo spokeswoman said the latest changes mean users who don’t want to create a business profile will be allowed to accept money for goods and services without worrying about running afoul of the rules. They will be charged the same 1.9% plus 10-cent fee applied to customers using business profiles.\nThe change is the latest attempt by PayPal to profit from Venmo’s massive user base. The company rolled out the first Venmo-branded physical credit card last year, looking to attract customers by touting the QR code on the front of the card, and a flexible cash-back rewards program.\nVenmo is one of the most popular digital-finance apps in the U.S. It has gained even more users during the pandemic as new services—such as allowing for the direct deposit of stimulus checks into Venmo accounts—more than offset fewer people using the app to split bills at bars and restaurants.\n\n ‘I had 10 years of using it [free] with no issues. I figured it was going to come to an end at some point.’\n\n\n — Joe Johnson, Venmo user\n\nPayPal Chief Executive Dan Schulman said during an earnings call in February that Venmo’s user base had increased 32% in 2020 to nearly 70 million active accounts. About $51 billion was transferred via Venmo in the first quarter, a 63% increase from the previous year. PayPal expects Venmo to generate nearly $900 million in revenue in 2021.\nThursday’s announcement was met online with confusion from customers who didn’t understand how the app would determine which transactions should be charged the fee. Some speculated that the company would use the messages people add to their payments to figure out if the money was for a business transaction.\nVenmo will add a toggle to its user interface that will allow customers to indicate if the money they are sending is for a good or service, a company spokeswoman said. Those transactions will be eligible for the app’s purchase protection plan, which allows customers to dispute charges for purchases that don’t arrive or aren’t as expected, she said.\nThe transaction fee will be automatically deducted from the amount sent.\nJoe Johnson, a 58-year-old fitness trainer who owns a training facility in Nashville, Tenn., uses Venmo to receive payments from clients and to pay his contract workers. He estimates that at least 80% of his customers pay through Venmo, and he receives multiple payments through the app each day. “I take Cash App, Zelle, credit cards, checks, cash—however people want to pay,” he said. “But Venmo rules right now.”\nMr. Johnson said he has been a Venmo customer since its early days and never got around to creating a business profile, but as long as the fee doesn’t get too high he is fine with paying it. He said he would include the new costs the next time he raises his prices for incoming customers.\n“I had 10 years of using it [free] with no issues,” he said. “I figured it was going to come to an end at some point.”","news_type":1,"symbols_score_info":{"PYPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":false}