Kik app won’t shut down after acquisition by MediaLab


The messaging app Kik was on the verge of shutting down, but a holding company, MediaLab, bought it and will invest in its future, the company said. At its peak, Kik had hundreds of millions of registered users and the company earned a private market valuation of $1 billion, placing it in the elite ranks …

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The post Kik app won’t shut down after acquisition by MediaLab appeared first on 1st for Credible News.

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