Kunal Shah named to helm WhatsApp as Meta reshapes leadership
TL;DR Summary
Meta will have Will Cathcart step down after more than seven years as head of WhatsApp to take a new role building products, appointing Cred founder Kunal Shah to run WhatsApp; Meta is investing $900 million in Cred (valued at about $4.5 billion post-money) as WhatsApp surpasses 3 billion monthly users and Meta tests subscriptions for WhatsApp, Facebook, and Instagram to diversify beyond ads and offset AI costs.
- Meta's WhatsApp head to step down, will be replaced by Indian fintech founder Kunal Shah CNBC
- How a $4 billion Indian startup won Meta's backing but lost its founder to WhatsApp CNBC
- Meta Taps New WhatsApp Boss as Part of $900 Million Investment Bloomberg
- WhatsApp to be led by Indian start-up founder as Will Cathcart steps back BBC
- Indian entrepreneur to lead WhatsApp as Zuckerberg brings in new blood Financial Times
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