Hike messenger finally shutting down
Market value in 2016 was 10.25 thousand crores
At the time of funding in 2016, the market value of Hike Messenger startup was estimated to be around Rs 10,259 crore. This app later lagged behind the competition. As a result, it was closed earlier this month. However, no official information has been given as to the reasons for discontinuing it. But it is believed that the Hike messaging app could not compete with WhatsApp as expected. India is the world's largest market for WhatsApp, which is currently in the discussion about privacy.
Hike also had financial support from Tencent Holdings.
Heike also had financial support from China's WeChat operator Tencent Holdings. In recent years, Hike also placed bets in some other businesses such as no-frills phones and mobile entertainment. But there was no satisfactory success anywhere. This startup has also closed hike stickerchat. Hike Messenger is closed at a time when there is an atmosphere against WhatsApp worldwide.
Preparing to launch new gaming product rush
Meanwhile, Kevin Mittal has stated that his company will continue developing the social media app and will work on a new gaming app called Rush. He wrote on a post, India cannot run its own messenger. Because the impact of the global network is quite strong here.
More news:
The Delhi High Court on Monday said that accepting the new policy of social messaging app WhatsApp was 'voluntary'. If a person does not agree to those terms and conditions, then he cannot use or join that platform. The Delhi High Court said this while hearing a petition challenging WhatsApp's new privacy policy on behalf of a lawyer. During the hearing, Justice Sanjeev Sachdeva said that WhatsApp is a private app. Do not join it. He said that accepting the privacy policy is a voluntary process, so do not accept it. The court also said that after reading the terms and conditions of most of the mobile apps, you will be shocked as to what you consent to. The court even said that Google Map also captures and stores all your data.
Senior Advocates Kapil Sibal and Mukul Rohatgi, appearing in court on behalf of WhatsApp and Facebook, said that this petition is not worth considering. Both the advocates said that many of the issues raised in this petition are baseless. Both told the court that private chats with family and friends would remain encrypted even further and would not be stored on WhatsApp's behalf. He said that even after the implementation of the new policy, there will be no change in this situation. Only WhatsApp's business chat will change.
Piyush Verma
I am a Blogger and Web Designer.
.webp)
.jpg)
.jpg)