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Werner Enterprises Posts Highest Revenue Per Truck Growth in One-Way Segment in a Decade CMA CGM and Stonepeak Launch United Ports LLC in $2.4 Billion Terminal Joint Venture UPS shift away from Amazon shows bigger payoff Lanesurf: 62% of Loads Get Vetted Carrier Offers Before Brokers Arrive India-China Border Trade Via Lipulekh Resumes Aug 1; China Permits 20 Traders Geopolitics Drives CMA CGM Q2 Profit Surge of 42% as Volumes and Rates Climb Benchmark Diesel Price Rises Third Week as Futures Plunge; Spread Hits Record Indian Government Limits Sugar Dealers to 400 Tonnes Stock Until November to Curb Hoarding Tenants signing longer leases for larger warehouses as 3PLs lock in capacity US stock market flat as S&P 500 and Dow barely move, Nasdaq slides over 1% on chip rout Werner Enterprises Posts Highest Revenue Per Truck Growth in One-Way Segment in a Decade CMA CGM and Stonepeak Launch United Ports LLC in $2.4 Billion Terminal Joint Venture UPS shift away from Amazon shows bigger payoff Lanesurf: 62% of Loads Get Vetted Carrier Offers Before Brokers Arrive India-China Border Trade Via Lipulekh Resumes Aug 1; China Permits 20 Traders Geopolitics Drives CMA CGM Q2 Profit Surge of 42% as Volumes and Rates Climb Benchmark Diesel Price Rises Third Week as Futures Plunge; Spread Hits Record Indian Government Limits Sugar Dealers to 400 Tonnes Stock Until November to Curb Hoarding Tenants signing longer leases for larger warehouses as 3PLs lock in capacity US stock market flat as S&P 500 and Dow barely move, Nasdaq slides over 1% on chip rout
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kunal shah

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Kunal Shah: Indian Fintech Founder Appointed to Lead WhatsApp After Meta's $900m Cred Investment Business
Markets #kunal shah#whatsapp

Kunal Shah: Indian Fintech Founder Appointed to Lead WhatsApp After Meta's $900m Cred Investment

Meta has appointed Kunal Shah, founder of Indian fintech start-up Cred, as the new head of WhatsApp. The appointment follows Meta's $900m investment in Cred and comes as WhatsApp seeks to expand beyond messaging into payments, business services, and AI. Shah, who built FreeCharge and Cred, brings deep startup ecosystem experience.

Jun 24, 2026 1 source
Kunal Shah Exits CRED CEO Role to Run WhatsApp as Meta Invests $900 Million E-Commerce & Marketplaces
Payments & Fintech #kunal shah#cred

Kunal Shah Exits CRED CEO Role to Run WhatsApp as Meta Invests $900 Million

Kunal Shah is leaving CRED's CEO position to head WhatsApp globally, as Meta invests roughly $900 million for a 20% stake in CRED, valuing it at $4.5 billion post-money. Mark Zuckerberg announced the move, with Will Cathcart stepping aside for a new product role and Miten Sampat taking over as interim CRED CEO.

Jun 23, 2026 1 source
Meta Invests $900 Million in Cred, Elevates Founder Kunal Shah to Lead WhatsApp Globally Business
Mergers #meta#cred

Meta Invests $900 Million in Cred, Elevates Founder Kunal Shah to Lead WhatsApp Globally

Meta Platforms is investing $900 million in fintech Cred, valuing it at $4.5 billion, and elevating founder Kunal Shah to lead WhatsApp globally. Shah will succeed Will Cathcart, relocating to California, while Miten Sampat becomes interim Cred CEO. The deal underscores Meta's push to monetize WhatsApp in India through payments and business messaging.

Jun 23, 2026 1 source
Kunal Shah Appointed Global Head of WhatsApp, Stepping Away From Cred Day-to-Day E-Commerce & Marketplaces
Payments & Fintech #kunal shah#cred

Kunal Shah Appointed Global Head of WhatsApp, Stepping Away From Cred Day-to-Day

Meta Platforms appointed Kunal Shah as global head of WhatsApp, replacing Will Cathcart. Shah will relocate to Meta's California headquarters and step away from day-to-day responsibilities at Cred while remaining a shareholder. The move marks a high-profile transition of an Indian startup founder into a top bigtech product leadership role.

Jun 23, 2026 1 source