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Kik adds Jae Kim, Alim Dhanji

Media | 09/23/2015 9:30 pm EDT

Kik Interactive Inc., the Waterloo, Ont.-based mobile messaging company, said Tuesday it has added two new executives. One is Jae Kim, who will be head of strategy and partnerships, Kik said in a press release. Kim was formerly head of strategy and operations at the U.S headquarters of Line Corp., another messaging company. Kik also said Alim Dhanji will be the company's "chief people officer," which will see him focusing on "rapidly growing Kik's workforce and developing its culture as the company looks to double its workforce within the next year."  Kik said Dhanji was formerly a senior vice-president at Toronto-Dominion Bank....

Mobile messaging grows, monetization remains the challenge

Media | 09/23/2015 8:50 pm EDT

Mobile-messaging through apps in Canada and globally is on the rise as it attracts users wanting a convenient interface that can help them be included in social circles, though the steep growth in users is not yet being matched in dollars generated. Research from Juniper Research Ltd. released in June said messages sent via apps such as Facebook Inc.’s WhatsApp, Canada's own Kik Interactive Inc. and others were expected to grow from 31 trillion last year to 100 trillion in 2019. Juniper said in another release in July that “within the next 12 months [instant messaging] will...

Kik gets $50M US investment from Chinese company

Media | 08/19/2015 4:03 pm EDT

Canadian chat-app maker Kik Interactive Inc. said Tuesday that it has received a $50-million US investment from China's Tencent Holdings Ltd., maker of WeChat messaging app. Kik CEO Ted Livingston said in a blog post on the...