Thursday, 4 July, 2024

India's Social Media Platform Koo Announces Shutdown

India's social media platform Koo has announced its shutdown. The decision was influenced by the platform's inability to achieve sustainable growth and significant market share against competitors. Despite initial popularity, Koo struggled with financial challenges and user retention. The closure marks the end of a homegrown attempt to compete with global social media giants, reflecting the competitive nature of the industry.