Koo, rival to X, to shut down amid failed acquisition talks

Microblogging platform Koo, an alternative to X, is shutting down its service after acquisition talks fell through, founder Aprameya Radhakrishna said in a post on LinkedIn on Wednesday.

The decision comes after several talks for a potential sale or merger with multiple companies, including Dailyhunt, failed. Koo has raised over $50 million from investors like Tiger Global, Accel, 3one4 Capital, Kalaari Capital, Blume Ventures, and others.