Koo, India’s Twitter Alternative, Eyes M&A Options Amid Growth Slowdown

  • Indian microblogging platform Koo is exploring M&A options amidst a growth decline and challenges in fundraising.
  • After peaking at 9.4 million monthly active users in July 2022, Koo plummeted to 3.1 million in April, also witnessing a drop in new downloads.
  • Despite funding difficulties, the company projects operational break-even in the next 6 months, stressing on maximizing revenues and cost efficiency.
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