Home / Applications / HQ Trivia gameshow app is shutting down after two years of operationThe company behind the app is out of cash after an acquisition deal fell through

HQ Trivia gameshow app is shutting down after two years of operationThe company behind the app is out of cash after an acquisition deal fell through

Each every so often, a brand new cellular app turns into in style seemingly in a single day, akin to the rise of Flappy Chook or Trivia Crack. HQ Trivia shortly rose to prominence after it was launched on iOS in 2017, and solely grew to become extra in style after its Android debut in late 2017. Sadly, the app isn’t any extra, as the corporate behind it’s shutting its doorways.

CNN is reporting that HQ, the corporate behind the favored trivia recreation, is unable to boost further funds from traders to maintain operations going. “Lead traders are not keen to fund the corporate, and so efficient at present, HQ will stop operations and transfer to dissolution,” CEO Rus Yusupov stated in a company-wide e-mail.

The message additionally explains that HQ employed a banker to assist “assist discover further traders and companions to help the growth of the corporate,” and whereas a purchaser was discovered, the deal fell aside on the final minute. HQ’s monetary woes probably stems from the Trivia app shedding a lot of its recognition over the previous yr — public curiosity has been on a gradual decline since mid-2018, in line with Google Developments. There was a spike in searches for the app in late 2018, however that was as a result of co-founder’s loss of life in December.

Google searches for ‘HQ Trivia’ since 2017

HQ nonetheless had 25 full-time workers on the time of its closure. I want HQ’s workers the perfect of luck of their future endeavors, and on the intense aspect, having one of the vital in style cellular apps in current historical past on a resume is not too shabby.

HQ - Trivia & Words
HQ - Trivia & Words

About Corbin Davenport

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