The Indian social media platform Koo, which positioned itself as a competitor to Elon Musk’s X, is ceasing operations after its last-resort acquisition talks with Dailyhunt collapsed. Despite securing ...
“Experts told Rest of World that Koo was unable to disassociate itself from being dubbed a ‘right-leaning’ platform, due to its early users being top politicians from the ruling party. ‘After early ...
Despite raising over $50M from investors, Koo struggled to expand its user base and generate revenue. Koo had an operating income of INR 14 Lakh and a loss of INR 197 Cr in FY22, with active users ...
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Indian Social Media App Koo, Once Seen As X's Rival, Shuts Down After Unsuccessful Attempts To Sell-Merge Talks
Koo, the Indian social media app backed by Tiger Global, is shutting down after unsuccessful talks for a sale or merger with companies like DailyHunt. Founder Aprameya Radhakrishna announced the ...
The four-year-old startup’s decision to wind up was triggered after its likely acquisition by online media firm Dailyhunt failed Despite raising over $50 Mn from prominent investors like Tiger Global, ...
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