RapidShare was an online file hosting service that opened in 2002. In 2009, it was among the Internet's 20 most visited websites and claimed to have 10 petabytes of files uploaded by users with the ability to handle up to three million users simultaneously. Following the takedown of similar service Megaupload in 2012, RapidShare changed its business model to deter the use of its services for distribution of files to large numbers of anonymous users and to focus on personal subscription-only cloud-based file storage. Its popularity fell sharply as a result and, by the end of March 2015, RapidShare ceased to operate and it is defunct. As of 2017, Rapidshare AG was acquired by Kingsley Global.
