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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 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. ....
Indian app Hike shuts down messaging service Indian app Hike shuts down messaging service IANS / Updated: Jan 18, 2021, 21:26 IST 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 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. All your data will be available to download in the app, Mittal tweeted. Kavin Mittal is the son of India s second largest telco Bharti Airtel s founder and chairman Sunil Mittal. ....