16 August 2016 Hike raised $175 million in a new round of
In August 2014, Hike reached 35 million users and raised $65 million in a funding round led by Tiger Global. 16 August 2016 Hike raised $175 million in a new round of funding led by Tencent Foxconn. After raising this round Hike reached the valuation of $1.4 Billion and became the youngest startup to reach unicorn status having achieved it in just 3.7 years after launch.
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