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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....

OTT messaging struggling to monetize: Juniper

Media | 06/09/2015 2:06 pm EDT

Over-the-top (OTT) messaging services are expected to see traffic levels triple globally by 2019 compared to last year's levels, but a lack of success in monetizing the product will lead to a decline in global revenue for the messaging industry overall, according to Juniper Research Ltd. Juniper said in a press release Tuesday that revenue in the global messaging industry will decline from $113.5 billion US last year to $112.9 billion US in 2019. It said messages sent with OTT apps such as Facebook Inc.'s WhatsApp and software from Line Corp. will rise from 31 trillion last year to...