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Hike, once a unicorn, shuts down as India cracks down on real-money gaming

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Manage episode 506392784 series 1321952
Content provided by SpokenLayer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SpokenLayer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Initially launched as an instant messaging app rivaling WhatsApp in 2012, Hike pivoted to real-money gaming in recent years, with its primary platform, Rush, offering casual games like carrom and ludo for cash prizes, following the shutdown of Hike Messenger in 2021. Rush attracted over 10 million users and generated more than $500 million in gross revenue over its four-year run.

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4523 episodes

Artwork
iconShare
 
Manage episode 506392784 series 1321952
Content provided by SpokenLayer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SpokenLayer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Initially launched as an instant messaging app rivaling WhatsApp in 2012, Hike pivoted to real-money gaming in recent years, with its primary platform, Rush, offering casual games like carrom and ludo for cash prizes, following the shutdown of Hike Messenger in 2021. Rush attracted over 10 million users and generated more than $500 million in gross revenue over its four-year run.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

  continue reading

4523 episodes

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