The Kik Chat App Is Already Worth 1$ Billion

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Have you heard about Kik Messanger? Probably you already use it, especially if you are a teenager. I would bet on that because this app is gaining momentum big time. Its registered users have reached about 240 million in no time and this number hasn’t stopped growing. The Canadian startup Kik Interactive, which is responsible for this new ‘unicorn’ in the mobile world, has become a $1 billion company because of the chat application. This number was determined by the 50 million investment made by Tencent for a share of Kik Interactive. The chat app is used extremely by youngsters, some statistics show that as many as 40% of teenagers use it to communicate with the world. And the reason for this is that Kik is not an ordinary mobile chat application, there is much innovation in it. Except for exchanging messages with friends, you can use it for a big bunch of things like ordering pizza, calling a taxi, playing games, and even paying your dues. According to Ted Livingston, the founder of the startup, Kik is a whole new way to communicate with the world and this is what makes them different.

The mobile chat business has been a big cash machine for the last few years. Many of Kik’s rivals have made billions for its inventors, too. The founders of the popular chat app WhatsApp cashed in more than $19 billion when Facebook bought it. Last year, the founder of Snapchat was offered $3 billion by Facebook again, but he declined the proposal.



The "Kik" .

The “Kik” .

The Story Of Kik Interactive

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Kik was founded in 2009 when a small but incredibly passionate group of University of Waterloo students decided to build a company that would shift the center of computing from the PC to the smartphone.

Fast forward to today, and Kik has become the best way to connect with friends, no matter where you meet them. And unlike other messengers, Kik uses usernames – not phone numbers – as the basis for Kik accounts, so our users are always in complete control of who they talk to on Kik.

But Kik isn’t just about our users chatting with their friends.  Our marketing tools let brands talk to and share cool content with our users, and track the results. Our developer tools help developers optimize and distribute their web content on Kik. And our built-in browser lets Kik users search for and share cool content and experiences – without leaving Kik, and without downloading anything new.

To top it all off, we’re backed by major brand-name VC’s – the same firms that first helped Twitter, Foursquare, Zynga and others rise to world domination.

Kik Messenger has come a long way since its launch. Its main aim is to give a private and secure communication platform to its users. It allows users to maintain their anonymity in a world where everyone is connected, by creating a unique and cohesive user experience. With its seamless integration, it enables users to communicate with ease across all channels.

Kik is known for its strong usercentric features. You can create group chats with up to 10 people, have private oneonone conversations, share photos, videos, gifs, and audio, and even have a live video chat with friends and family. It also provides special interest and discussion groups related to various topics, ranging from sports to music to fashion. You can join and discuss topics with people around the globe. You can even find new friends in the Kik community and make connections and meet people who have similar interests.

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Kik Messenger is an extremely convenient and featurerich app, which provides a platform for everyone to stay connected. It has a fast and reliable user experience, with a simple, intuitive interface and easy-to-use features. There is also an extremely active and vibrant Kik community, with users actively engaging in the app, which creates an engaging and friendly environment.

Finally, with the help of the Kik bots, users can get personalized tips, answers, and information they need while they chat. Whether you‘re looking for a powerful international messaging app, a secure and private communication platform, or just to make new connections, Kik is the perfect choice for you. With its constantly evolving features and great user experience, it is no wonder why Kik Messenger has become so popular over the years.

If you want to download and give Kik chat a shot, you can do this by visiting Google Play or the app’s official site: kik.com.

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Entrepreneur Writer

I have a passion for writing about entrepreneurship, innovative business ideas, startups, and other business-related topics. I also enjoy browsing the internet. Combining these interests led to the creation of Businessideaslab.com. Since then, there has been no turning back. The site has become a platform where I can have fun creating engaging stories about the most successful and innovative startups, entrepreneurs, business ideas, and other intriguing topics.