Shut down While trying to look for a buyer, Proud announced on June 12, 2017 in a blog post on Medium that Hello would be shutting down and the company laid off most of their employees that same day. Hello was also reportedly unable to pay its bills. The company said they were in talks with Fitbit for them to acquire the company, but failed to reach a deal. The reason Hello shut down was due to a lack of consumer demand for Sense, unenthusiastic reviews for the product, and competition from bigger brands.
Shut down While trying to look for a buyer, Proud announced on June 12, 2017 in a blog post on Medium that Hello would be shutting down and the company laid off most of their employees that same day. Hello was also reportedly unable to pay its bills. The company said they were in talks with Fitbit for them to acquire the company, but failed to reach a deal. According to BBC News and Buzzfeed News, Hello shut down due to a lack of consumer demand for Sense, unenthusiastic reviews for the product, and competition from bigger brands.
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