Indian Social Media App Koo Shuts Down After Failed Sale and Merger Talks

Brief by Shorts91 Newsdesk / 11:03am on 03 Jul 2024,Wednesday Tech Today

Koo, an Indian social media app, is shutting down due to failed negotiations for a sale or merger. Founder Aprameya Radhakrishna announced the closure on LinkedIn, citing high technology costs and unsuccessful partnership talks with larger companies. Koo aimed to bridge the language gap in social media, catering to non-English speakers. Despite its mission to democratize expression and connect people in local languages, the app failed to secure a deal. This marks the end of Koo's journey, which was once seen as a rival to Twitter and backed by Tiger Global.

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