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This article was published on February 11, 2015

    File hosting service RapidShare shutting down this March

    File hosting service RapidShare shutting down this March
    Abhimanyu Ghoshal
    Story by

    Abhimanyu Ghoshal

    Managing Editor

    Abhimanyu is TNW's Managing Editor, and is all about personal devices, Asia's tech ecosystem, as well as the intersection of technology and Abhimanyu is TNW's Managing Editor, and is all about personal devices, Asia's tech ecosystem, as well as the intersection of technology and culture. Hit him up on Twitter, or write in: [email protected].

    Swiss file hosting service RapidShare is downing its shutters on March 31 after about 12 years of operation.

    It appears that the company’s attempt to stay relevant as a cloud storage service in recent years was unsuccessful. Many players including Dropbox, Google and Microsoft offered online storage for personal use at significantly lower prices.

    For comparison, RapidShare charges roughly $680 per year for 300GB of space; Dropbox charges just $99 a year for 1TB.

    RapidShare [via TechCrunch]