Indian Rival to Elon Musk's X Shuts Down After Failed Merger Talks | Vantage with Palki Sharma
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- เผยแพร่เมื่อ 22 ส.ค. 2024
- Indian Rival to Elon Musk's X Shuts Down After Failed Merger Talks | Vantage with Palki Sharma
Indian social media app Koo, once positioned as a competitor to Twitter or X, is now shutting down after talks with multiple buyers failed to materialise over past months. This comes after the founders sought to sell the company. But after prolonged discussions, the buyout talks fell through. Launched in the year 2020 to serve the Indian market, Koo faced various challenges in securing new funding since last year, prompting it to explore mergers with various other platforms, but none of the talks fructified. Palki Sharma brings you the full story.
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India | Koo App | Social Media | Twitter | X | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#india #kooapp #shutdown #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
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KOO failed because its just a copy of X, they failed to introduce something new.
Stick with Weibo lol
Yes. We mostly copy
Yep, tech replica and product are different things!
It does not matter..if they copy..we failed it..accept it and don't give excuses
That's not the reason of failure..it failed boz celebraties r not on koo .. nothing can success unless actors n powerful people cme to that platform than only common people will use it
In social media, it's the leaders that win, not the followers, they should learn to lead and not follow, come with something new and lead!.
But blinkit was a follower
@@anmol500 blinkit is not social media, its a delivery app, the convience and product selection are important there, which they provide
blinkit is not a social media
it's quick commerce 🤣🤣
You are right , leaders win
@@anmol500 Blinkit is not social media, it's e-commerce, e-commerce is lead by those who can bring prices to the lowest, provide fast delivery and treat their employees the s***test
I never knew still this exists 😂😂😂
Indians don’t support their own startups they would rather be on America apps that sad .
nobody knew
No one knows about crap like KOO
@@givegreatness4407 how pathetic is it that Indian spend all day on American owned apps and don’t support there own .
@@ThelostAdult as if anybody knows you or cares about your comments. Because you are not even worthy of being called a crap.
West has dominated social media world for a long time. Still China was able to come up with Tik Tok that basically took over in a big way. The room for innovation is wide open, especially with the effects of social media on mental health. Indian entrepreneurs could definitely throw up something unique unlike Koo.
@@aviraljanveja5155 copying something is not unique
chinese protectionism.
Viber was good alternative but it failed too because of poor creativity from the management
@@mohit5496Can India do the same?
@@arbjful that's what he said
Koo shouldn't have copied Twitter's design. It should have had it's own unique look and design.
Exactly, they’re not innovative but they are good in copying and duplicating! And that’s why it failed!
Agreed
@@rumi9074 all indian services copy western design, top level execs dont want to "waste" money in design. to make it worse, our designers lack a scientific mindset so all know is to tweak design systems developed elsewhere.
on the flip side, indian users are not tech savvy, their approach towards any new design is that of discomfort. indians are forced to learn platforms that are made popular outside india, we like being followers.
India tried Hard to Copy from China..but Failed Miserably...😂😂😂😂😂
@@VanDuc-hm6sp dont put your shitty comment in every comment section
It even looks like twitter , like a knock off .
Looks like India is in its copying phase, just like China was decades ago.
that's the business philosophy of indians (asians in general). create cheap copies of the west and dismiss everything that does not come with a western stamp of approval.
The point of koo was a replacement for twitter. so what are you expecting?
UPI's success stems from its originality and not being just a copy of an existing system. Human psychology tends to favor familiar experiences, so being a market pioneer is crucial. In contrast, Koo was essentially a clone of Twitter, right down to the logo, offering nothing new or uniquely tailored for Indian users. This lack of innovation and differentiation led to its failure.
Sad to know this.Thank you Palki for this news. Very happy to hear you presenting the news .Was not aware of Koo.
These potential investors got scared of Indian political and business environment and Indian government which has unpredictable policies towards social media apps. When they shut down TikTok which is a promising challenger to western dominance, they did not consider the profound negative impact in the long run to future investment. The government is short sighted and the business is paying the price. That’s why Koo couldn’t get buyers.
Exactly. I could've respected India if it had ban Twitter and Facebook as well.
TikTok was banned because its a Chinese app - LOT more dangerous than western apps (as per the gov). That should not have any bearing on the investment into Indian owned app
Tik tok is destroying the youths , even in many western countries know this as well. Still your poor govt can't ban tik tok.
Our govt did and we are proud of this.
Tik tok was and is super level of shtyyness
@@RachaelWill Do you know that it is legal to post pornographic materials on Twitter? Tik Tok don't allow that.
Failed product not because the concept was wrong but the process was completely wrong
how ?
She had also koo account 😂😂
typical godi anchor😜
She is using YT for manipulation (godi media) 😂😂😂
She is capable...unlike general.commentators on the.wayside
KOO actually wasnt a rival to ELON Musk X but to the then radical twitter which went on dictator mode.
West will dominate India😂
@@mrlg3811 yeah let’s change the narrative
@@charmaine8512 that's why India is a member of SCO Brics asean top two three trading with Russia china and usa 😂cry harder
@@charmaine8512 has, not will
@@arbjful Check the dates Koo started before even musk have idea that he is going to takeover twitter.
Palki is running a propaganda channel 😂😂. She will soon lose all credibility.
Okay, according to you then Al Jazeera should be the reliable one?
@@a--b you have to be smart enough to understand that she's not selling koo app news. She's actually selling propaganda in the election year.
No she is not , she has her biases but so do every channel.
@@a--b Al Jazeera BBC NYT are reliable sources isn't @HornOkay sponsored by George Soros
She already has.
I have installed koo and it made me register multiple times. They need better product and service. And make revenue model. Investeor should see clear growth and revenue future.
Nobody liked it even in India
Government will come asking for tax just for thinking about anything, how will new companies survive
Palki Sharma, you must ask for funds from your boss Mota Bhi to help Koo
This is the devil side of venture capital, private equity and angel investor.
Can you elaborate
Typical..again, Indian companies and entrepreneurs can't compete globally and then start blaming, crying.
she look stress.
It was never Indian..... All investors were Chinese.
And Chinese lake has dried down. Their economy has hit the dust. Lagta hai yeh bhai uske kachh# main ghusa tha. Ise andar ki baat pata hai. 😂
India's infamous Unicorn
It was never a unicorn. Infact not even 0.1% of unicorn mark
im happy that this racist and selfish app is no more. it was an exclusive and non-universal app unlike X. i once tried making an account on koo from pakistan and they rejected my request because of my nationality, and before u start lecturing me that it was for indian users, telegram and vk were for russian speakers but people all over the world were allowed to make accounts on them
Good thing this useless app has be trashed
Why would you bother to make an account on that irrelevant app anyways?
@@__chinmay__ because it was receiving a lot of publicity in those days
India tried Hard to Copy from China..but Failed Miserably...😂😂😂😂😂
Very sad. Indians should ve supported this App. I downloaded as soon as it started and used it extensively. This was a prime example of Aatmanirbhar Bharat.
From "Hollywood" to "Bollywood" and now "X" to "Koo". Indians are very original.
nothing new. Most Indian startups fail within first 5 years.
Reason being poor management, money focused business & lack of R&D
In India, we prefer digital colonizations than the Indian companies like Reliance. Plus, we do not have many people in the private sector.
Tatas , relience, birlas or adanis should have bought this.
why? they are businessmen who know even college students can create a copy of twitter and become their competitors. its a lossy business since indians wont pay for subscription.
India tried Hard to Copy from China..but Failed Miserably...😂😂😂😂😂
And china tried hard to copy from west😂😂@@VanDuc-hm6sp
CCP bots should stick with useless weibo. 😂@@VanDuc-hm6sp
Indians Never Invest in Indian Companies.
was waiting for Palki to cheaply blame the US as usual for Indian failure but disappointed me
I am waiting for her to blame China as usual.
This app idea was also Modi Ji's brain child 😂 that's why it's shutting down
kotak mahindra too ?
Proud to see our PM pushing for made in India😊
Desh-drohiis can cope hard😂
@@PakPhorenMinistr right bro as agniveer was also Modi Ji's brain child decision that failed to live up to the mark.
As long as ppl like u in the name of opposing modi, u forget u r damaging Indian interest
Or. Ur intension itself is to weaken anything Indian or modi
Yes I see u have strong support of jihadis their idea is to defeat modi
All the best
As hindus r divided in caste,muslim is United good days for ur ideology will come and that day will be great loss to hindus, but will be too late to repent even
@@RaGhav363 all military personnel are happy with agniveer ita only the people who love freebies hate agniveer
$60million(Rs500crore) is not small amount. Start up founder takes huge money rather than building company. Twitter founder working without salary and keeping expenses low to survive. Indian start up once they get funding then burning cash goes exponentially
what happened, I thought andh bhakts would have saved it.
shame on you for putting everything as "BHAKT" it was an Indian app ...not bhakt app....being a congress follower i find your comment as hingly uneducated intellect
So it's duty of andhbhakts to help local companies? While Desh-drohiis will suck-up to german shepherd 😂
@@navaneelghosh1559 reply is on point for an andh bhakt 🤣🤣🤣🤣
YES, I feel sad that my country's app didnt do well but dont worry we are still 1000x better than your Bhikaristan.
@@vikramrao6391 and your reply is point on for a congressi being an asshole
you call it 'rival to the x twitter'? that is the most funny joke i've ever heard. pajjeets are like to be in their delusion.
@@InsightTitan he's a Pakistani.. they focus on India more than their own country
@@x2931 I think you are talking about indians. this black anchor would lost her job if she didnt mention china in one minute.
India tried Hard to Copy from China..but Failed Miserably...😂😂😂😂😂
@@b.l.1086she is fairer than your avg brown skinned chinise😂😂😂
Making Kengana Renaut CEO of Koo will revive that....
Isn't she the CEO of BJP now?
And then people ask why Make in India is a joke!!
People india itself are not using Indian products
Because it's a sub standard product. Why should people buy sub standard and useless product in the name of country
you want indians to spend money on subpar products in the name of patriotism. lol
@@nashpv Even facebook is substandard product but people are using it like hell and if you start using the indian product they also get good funds to improve, you cannot expect 100% perfect in just first attempt, no one is perfect unlike you
@SRIKANTHA-we9mb Facebook is substandard? Said by whom? It's most popular social media that dethrone orkut and MySpace.
@@SRIKANTHA-we9mb FB still is a great product while this was supposed to rival twitter/X while it wasn't even half as good.
Even 🇳🇬's government switched to koo after they had issues with twitter (the former name of x).
Inability to get a deal with the media or corporate giants for merger and funding crunch led to the downfall of India's homegrown app.
I’m surprised she didn’t blame xi for this.
Copy cats do not last long. I do not miss out on twitter/X or insta or facebook/meta as I disengaged from most of the social media. Lifestyle and health became better without them.
I left social media a long time ago. Better mind health and less stress.
Meanwhile she on TH-cam 😂😂😂
Koo should have pivoted to Enterprise messaging - They have the tech, they just need to repack it.
pretty sure you haven't used the app. its terrible from a performance perspective 😅
@@sudonamebegger Chinese bot 😂😂😂😂
Slowly Indian companies will collapse due to gigantic foreign companies.
Expected this to happen 😂😂😂😂
Unlike twitter, there was nobody from the other side of the political spectrum to fight.
Big Indian business men should help Koo, foreign social media is not good for India.
Well well there is something to be learned from China.
Twenty-five years ago, India was seen as the rising power in IT, while China was the industrial powerhouse...
Now China has become an IT powerhouse as well... while we've... regressed.
So true. These entrepreneurs are actually strategic assets of our nation. They make a mark globally.
Which Nigeria ??? The only koo here is kukurookoo dj chicken
India needs to learn from China. Their apps are world leaders.
India tried Hard to Copy from China..but Failed Miserably...😂😂😂😂😂
Which chinese app are you talking about
@@jenkar5716 TikTok, Wechat, Alibaba, Temu, Duoyin etc..
They would have more chance merging with Tik Tok, rather than banning it out of spite.
Koo should hire Palki Sharma as CEO. Think about how many fans Palki Sharma has and how much influence Palki Sharma has on Indians and Chinese people. The total number of eyeballs is already 6 billion. There is no reason not to defeat X.
Haha joke of the year
Palki doesn't have fans lol
She is a godi media
You can aslo talk about monopoly of jio.......businessman controlling the indians and no standards to check him.......its a burning topic now....
She won’t. Firstpost is owned by Reliance.
Shutting down of Koo is a lost opportunity for India. Who will once again risk their time, energy and money to come out with another such app? I wonder why could they not approach Indian financiers like Reliance?
Koo 😂😂😂 thats how birds twit in India ? Maybe rooster 🤔
Kuckoo never heard it? 🙄😮💨
shame Indian should donate and keep it float 😢
it's better than x far far better and way more freedom oriented
pls support
India tried to copy like China, and failed 😂😂😂😂
What Koo needed was twitter ban.
There are billion plus Indians (20% of World's population). They should've made KOO a success.
They didn't have brain to make it successful. Somebody with brain should've bought it.
Koo should have made their product different and innovative.
Indians will only buy something if it doesn’t have the made in india tag
Nationalism alone cannot make a product great.
Andhbhakt ruined the fate of good company.
The question is if China can do tiktok why can't india too? Originality is not there in the Indian platforms😆😈
Can we replicate Android owned by Google and iOS owned by Apple and windows owned by Microsoft
Like China, Indian govt. should have banned X, Facebook and all American apps in India. If the USA imposes sanctions on India, the banning should be done immediately. Then revive Koo once. Indians and Indian apps are first.
china not banned X
@@Sara_Kuster it is banned ... They have their own social media app - WeChat
Lol if you have to do so many bans just to make Text App successful, then you have some serious skill issue.😂
Exactly
@@Sara_Kuster Update yourself. X is banned in China. Instead, China uses indigenous Weibo app for same purpose.
why couldn't Indian billionaires rescue koo....India like China has the numbers to have its socials..but it doesnt....but why
The crap things never run for long!! who cares and What the hell is Koo ?
If we can fund Ram mandir then we should be able to find this app too. This will not happen though because of the wasted interests of the big domestic organisations and politicians. And, if it is run and seen as a business then it should be able to generate revenues to survive. Not sure if this is strategically placed or just a business.
But the Ram Mandir is _already_ deteriorating and leaking and they couldn't fix it. Another HUGE blunder and failure.
SUCH IS THE SHORT TERM THINKING 🤔 OF A NATION AND ITS PEOPLE, 🫣👀🧨‼️
X’s rival? Don’t flatter yourself. You are not qualified to be a rival. There is no Indian company that is qualified to be a rival in any industry.
Indian companies rival in all aspects of all industries.. keep living under the rock
Most of Indian app copy to others... Nothing new.
india should focus making content videos from those dirty street foods..a unique culture in india.
Basic digital Infrastructure is essential (Economic)
I think Jio and Airtel can enter into this market.
Copy cat market ?
Airtel started Hike and failed
Bhai we Indians also have to blame private players
@@azherkhan5677Hike was more of a whatsapp clone.
Problem is not Palki....It is the Sharma and Upadhyay behind her....that deep rooted problem
Problem lies in people like you .
There is no privacy in Indian apps
The product need Palki to be the ambassador, surely will be a complete success. Maybe able to replace X. It is a simple solution.
Its all about Money. US Big Tech has all the money.
What a Joke,😂😂😂
Govt should have supported..look at CCP.. this is very BJP fails to recognise ita own good...wasted intrest in sabaka vishwas...
People and their American product love!
I hate! hate! hate it.
Koo never improved it's quality.
Koo was just an oppurtinistic attempt. Just look at the logo.
Firstly the app should be Indian. Not just right wing.
UPI is one of the best techs in the recent times, so much so, digital payments = UPI✨️
Had it been Chinese Gov, they would have baned Twitter and helped Koo raise. It's as much failure on Founders parts as it is on Government. Indian government should support home grown social media. We r 140 cr afterall.
Modi will be a proven dictator if he keeps banning foreign apps to live in his own bubble
Modi is solely responsible for this.
He constantly promoted Twitter never KOO.
It is a pity Koo is closing down. With so many Indians around why should an Indian company going berserk
I remember Bhakts were very excited about the launch of this app 😂
By bhakts you mean pro Indian then sure, only anti Indian will feel bad to see Indian company grow.
Don’t worry, Indians will succeed
Anti Indians like you with your leader RG are very happy
And now chamchas will be very excited over this news
I know because those bhkts only care for their country because some religious follower can blast anywhere because of a green cult Book.
This is sad to see, one Indian social media company shutdown deu to non user, non popular 😢.
Very sad to see
I request to government please do something 🙏
繼續徵稅。🧐
This is because fault of bjp we loss our own indian app
howcome? explain
@@putatoee how USA promte X like demo crats
Everything has one eternal reason *BJP* 😂, Wtf wrong with you people, get some life man
@@aksh-bs9xg come on man bjp iss fake hood sanatan party ask why pm open account on koo
Koi logic hai iss baat ka? 😂
you mention 2 big apps x and facebook why not mention WeChat being chinese eastern interest. its not just America
U mean WeChat. Whatsapp isn't Chinese
@@ex0duzz yup WeChat
noob politicians.. they just want their cut plus lifelong pension
koo was dominated by BJP IT cell thats why,the app is not neutral thata why it doesn't success
They r one of the unsuccessful entrepreneurs on earth....
Koo could have sold to Tik Tok
Why am i hearing this platform for the very first time?
UPI is inderctly promoted by government, but social media has different case, it is the public and influencers who make social media popular and moving.
Bhakts would be crying ...
If you are Indian, you should be worried too.
Chup re chatukaar
Dogs of Poppu are celebrating. No surprises 😅
Its the idea that reaps victory, not a copy. Koo must have searched true indian talents and few western infrastructure. The idea failed.
Hmm. They failed to make it mainstream. One more victim.
They failed because not promoting, marketing is very imp...
stop fooling people, if you cant compete dont fool others
Social media Developer are Indian, users are indian, but owner are outside india. We can see negative impact which is not in India interest.