WhatsApp still barely makes Meta any money. Can Kunal Shah change that?

By The Hindu

Community Score: 50% | 309 views | 2w

0 community ratings: null thumbs up, null thumbs down

Meta has made a major leadership move that could redefine the future of WhatsApp. The company appointed CRED founder Kunal Shah as WhatsApp's new global head, alongside a $900 million investment in CRED.  Meta tapped Shah after months of calling out to entrepreneurs in high-growth markets like India, Brazil and Mexico. Shah built CRED into a rewards-driven fintech with strong payments and user-engagement products. But why is this appointment so significant? We look back at the history of Whatsapp's acquisition by Meta, what worked, what didn't, Meta's previous unsuccessful attempts at launching its own payment systems and what Shah's previous experience with CRED could mean for Whatsapp. Report: John Xavier Editing and script: Saif Ali Ekram Thank you for watching our video! You can subscribe to our channel here: https://bit.ly/3c8Adi6 Visit https://www.thehindu.com/ for the latest updates, analysis, opinions, and more. You can also download our apps: Android: https://bit.ly/

Tags: meta whatsapp kunal shah, kunal shah whatsapp, kunal shah whatsapp ceo, whatsapp ceo kunal shah, whatsapp boss kunal shah, kunal shah meta, kunal shah whatsapp head, kunal shah ceo of whatsapp, kunal shah named whatsapp ceo, meta appoints kunal shah, kunal shah global whatsapp ceo, kunal shah new boss of whatsapp, kunal shah is new ceo of whatsapp, whatsapp ceo kunal shah updates, whatsapp global head kunal shah, kunal shah on whatsapp business