Kik says it’s ‘here to stay,’ following shutdown reports

TechCrunch | 10/13/2019 | Staff
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https://twitter.com/Kik/status/1183398563289563136










It’s been a rough run for Kik of late. The once mighty messaging service announced in late September that it would be shutting down its app. CEO Ted Livingston noted in a blog post that the startup would be trimming its headcount from over 100 people to “an elite 19 person team,” following a protracted 18 month battle with the SEC.

Today the service noted on Twitter, however, “Great news: Kik is here to stay!!!! AND there’s some really exciting plans for making the app even better. More details coming soon. Stay tuned.”

News - October - Tweet - Livingston - News

The news follows an October 7 tweet from Livingston that noted, “Some exciting news: we may have found a home for Kik! We just signed an LOI [letter of intent] with a great company. They want to buy the app, continue growing it for our millions of users, and take the Kin integration to the next level. Not a done...
(Excerpt) Read more at: TechCrunch
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