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It is official:

The reasons behind ZippyShare's shutdown are unclear, but it's likely that the service faced significant challenges, such as: zippysharecom now defunct free file hosting exclusive

Zippyshare carved out its niche by prioritizing extreme ease of use over modern aesthetics. Each file could be up to Users had unlimited disk space for uploads. Accessibility: It is official: The reasons behind ZippyShare's shutdown

The official shutdown notice was blunt but honest: “Running a free file hosting service is expensive.” The economics of cyberlockers have always been brutal. Here is the forensic breakdown of why Zippyshare finally collapsed. zippysharecom now defunct free file hosting exclusive

Here is a look back at why Zippyshare was a "free file hosting exclusive" like no other, and what its demise means for the web. A Simple Formula for Success