Kunal Shah's WhatsApp move signals Meta's next growth push
Synopsis
Shah’s elevation comes as WhatsApp evolves into an AI distribution channel, with big shifts in its monetisation model. Key elements include AI agents for businesses and the Meta AI chatbot for consumers — all of which will be instrumental in Zuckerberg’s pursuit of what he calls personal superintelligence.
With over half-a-billion Meta platform users, India is uniquely positioned to make the agents ubiquitous, Alexandr Wang, chief AI officer at Meta Platforms Inc. and leader of its Superintelligence Labs, told ET recently. The Cred founder’s appointment could revive WhatsApp's fintech ambitions in India that lost momentum after former country head Abhijit Bose exited in 2022, executives said.
Shah’s appointment — he takes over from Will Cathcart — signals that India is not just its largest market with over 500 million users, but an increasingly influential hub for shaping the platform's global strategy outside Silicon Valley. WhatsApp went live with payments in India in 2020, but hasn’t seen much traction.
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