Stay updated with breaking news from Hike messenger. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Hike, the messaging app backed by SoftBank Group Corp. that aimed to compete against WhatsApp in the world’s second-most populous country, shut down and vanished from app stores Monday. The startup valued at $1.4 billion in a 2016 funding round announced its app was going off the air earlier this month without explanation. The app started by billionaire-family scion Kavin Bharti Mittal has failed over several years to displace Facebook Inc.’s rival app as India’s go-to venue for social media and mobile communications. The country remains WhatsApp’s largest market globally. Hike, backed also by Chinese WeChat-operator Tencent Holdings Ltd., has in recent years ventured into adjacent areas such as no-frills phones and expanded even into spheres such as mobile entertainment. On Jan. 6, Mittal son of Sunil Bharti Mittal, chairman of India’s No. 2 telecom carrier, Bharti Airtel Ltd. announced the closure of Hike StickerChat. ....
Hike messaging app pulled down from Google Play Store and Apple App Store Hike official said that global companies like Telegram, Signal were too strong and unless India bans foreign firms, it is difficult for homegrown apps. Jan 18, 2021 16:57:43 IST Hike messaging app or Hike Sticker Chat has been shelved citing inability to compete with foreign messaging apps. The free cross-platform instant messaging application was launched in 2012 and CEO Kavin Bharti Mittal announced earlier this month that they will be drawing the curtains soon. In a tweet made on 6 January, Mittal said: “Today we’re announcing that we will be sunsetting StickerChat in Jan’21. We thank you all for giving us your trust. We wouldn’t be here without you”. He added that the firm was being reimagined as ‘Vibe and Rush’ which will have Hike’s special emojis and its name: Vibe by Hike. ....
Hike shuts messaging app, shifts focus to new social offerings SECTIONS Last Updated: Jan 19, 2021, 08:21 AM IST Share Synopsis Hike has so far raised over $260 million from investors, including Chinese internet giant Tencent Holdings, manufacturing firm Foxconn Technology Group and the Bharti group Agencies Hike Founder Kavin Bharti Mittal. Hike has shut down its messaging service, with the company, which counts Softbank, Tencent, Foxconn and Tiger Global as investors, shifting focus to two new social products Rush and Vibe. Kavin Bharti Mittal, CEO of Hike Messenger, through his Twitter handle, said the Hike chat app would be shutting down from January 15, 2021. “Today, we are announcing that we will be sunsetting StickerChat in Jan’21,” Mittal had recently tweeted. ....
Homegrown instant messaging app Hike Messenger, later known as Hike Sticker Chat, has been officially shut down.The company s chief executive officer Kavin Bharti Mittal announced the shutdown of its operations recently."Today we are . ....
Digital economy can reach USD 4 trillion in 4 years, says Technology sector Digital economy can reach USD 4 trillion in 4 years, says Technology sector Surpassing The Government s Expectations To Make India USD 1-trillion Digital Economy By 2022, Technology Companies Said It Has Potential To Grow Up To USD 4 Trillion During The Period. PTI | Updated on: 16 Jun 2017, 11:57:47 PM New Delhi: Technology companies on Friday said it has potential to grow up to USD 4 trillion, surpassing the government s expectations to make India USD 1-trillion digital economy by 2022. IT Minister Ravi Shankar Prasad, who chaired a meeting with industry captains to chalk out a growth plan, said the government will formulate a new set of strategies to support growth including a new electronics policy, software product policy and a framework for data security and protection. ....