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The update comes after a strong year of mobile growth for the betting exchange.
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The announcement signals a shift from web growth to mobile growth and business for Pinterest.
Before Meadow, he was head of mobile growth and marketing for Sincerely, a mobile gifting company that was acquired by Provide Commerce.
As mobile growth takes off for the startup, the team will be using that financing to build out their iPhone and Android apps.
However, reliable information on whether mobile growth is making up for desktop shortfall in key markets such as Britain and the US is not available.
Facebook's chief financial officer David Ebersman said on today's earnings call that mobile growth was partially responsible for stagnation in payments revenue.
Mobile growth has been a key for the company, and it's likely to explode even further with the launch of the iPhone 4.0 OS which will allow Pandora to run in the background for the first time.
During the quarter ending Sept. 30, "mobile phone volume growth for Nokia and the industry over all has been strong," the company said.
Recent advances in wireless and mobile computing have paved the way for an unprecedented demand growth for mobile services and applications.
Best known as an Android utility app maker, Cheetah Mobile is now focused on global growth for its mobile advertising business.
Already, Motorola and Ericsson have warned of slowing growth for mobile phone handsets, and their stocks have plummeted.
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