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Indian Chat App Hike Shuts Down After Failing to Challenge WhatsApp

India’s Hike, once considered WhatsApp’s biggest local competitor, has shut down its messaging app after struggling to compete against the U.S. giant, Bloomberg and other media outlets reported. The Delhi-based startup’s decision to give up on messaging is the latest indication of how dominant Facebook’s WhatsApp has become in India, the world’s second most populous country and a key...

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