Indian social media app Koo shuts down: Read CEO’s ‘emotional note’
Koo's closure was due to tough social media competition and the lack of a strategic outlook for Indian companies. Despite initial success, the platform struggled to secure funding for future growth and revenue generation. The founders plan to evaluate turning Koo's assets into a digital public good for social conversations in native languages globally.
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Jul 3, 2024
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Koo's closure was due to tough social media competition and the lack of a strategic outlook for Indian companies. Despite initial success, the platform struggled to secure funding for future growth and revenue generation. The founders plan to evaluate turning Koo's assets into a digital public good for social conversations in native languages globally.
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