Chinese cloud storage service juggernaut 115.com shut down public sharing service on August 7, 2012. According to Alexa, after its ‘sudden death’, 115’s rank went down drastically. By Nov. 26, 115.com has lost half of the page, and its ranking has dropped from top 5oo below 1000.
115 had once been glorious. By usage rates, 115.com dominated over 80% of the storage cloud service market. Chinese comics app iBuka, which boasted hundreds of thousands comic fans stored their comic strips on 115, had, at peak, over 3000G of comic strips downloaded in a single hour. In November 2011, the company behind 115.com raised a Series A fund of $200 million. The company looked like it was flourishing. That is, until it wasn’t.
Inevitable Problem
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