WhatsApp scouts for India head - News Summed Up

WhatsApp scouts for India head


NEW DELHI: Messaging app WhatsApp is scouting for a full-time hire to lead its operations in India, its largest market globally.The individual will lead the company's operations in India, "including products for people and businesses along with our interest in peer to peer payments," a job advertisement said on WhatsApp's website.WhatsApp has over one billion users globally. India is the largest market for the company with over 200 million monthly active users as of February 2017. "This is a senior leadership position that requires product experience as well as a track record of success leading partnerships and business development in India. This leader will need to build a close partnership with product and engineering teams to influence direction and to effectively represent WhatsApp's long term strategy," it added.The development comes at a time when WhatsApp is rolling out its UPI-based payments service in India. Unified Payments Interface ( UPI ) allows users to make intra-bank transfers easily using a virtual ID.WhatsApp's payment service has been criticised by rival Paytm, whose founder Vijay Shekhar Sharma had alleged that the Facebook-owned company's platform has security risks for consumers and is not in compliance with the guidelines.There have also been concerns around privacy of user information, following the global data breach at its parent company.


Source: Economic Times April 11, 2018 10:07 UTC



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