Koo founder-CEO Aprameya Radhakrishna said that given the changes happening in the micro-blogging landscape globally, the company is looking to expand wings to "geographies where fundamental rights are being charged for".
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"We will continue to invest in our product with a user-first mindset and further drive digital independence for users in India and around the world," founder-CEO Aprameya Radhakrishna said in a statement.
"Today, Koo is the second largest micro-blog in the world. Given the changes happening in the micro-blogging landscape globally, we are looking to expand our wings to geographies where fundamental rights are being charged for. We believe that such fundamental tools on the internet should not come at a cost. We are very excited about inviting a larger global audience to this proudly ‘Made in India’ product,” Mayank Bidawatka, co-founder of the platform, said.
While Twitter made news for firing almost 50 percent of its workforce and handling its layoff in terrible fashion, Koo has also gone for layoffs earlier last month. Koo said in Spetember that it had laid off 5 percent of its workforce (15 employees) and not 40 as reported in the media earlier.
In a fresh statement to the news agency IANS, Koo said that 15 positions "were made redundant due to performance issues". "This is completely aligned with the industry standards of hiring and retrenchment. Koo continues to hire talent in its monetisation, product and engineering team,” a company spokesperson said.
To make the platform unique, Koo has offered features like Multi-Language Kooing (MLK), topics in 10 languages, language translations, edit functionality, multiple profile pictures, voluntary self-verification, and so on. Shortly, the platform aims to announce more features.
Koo is a three-year-old platform available to users from over 100 countries, including the United States, the United Kingdom, India, Iran, Singapore, Canada, UAE, Nepal, and others.
Koo is currently available in 10 languages in India: English, Hindi, Marathi, Bengali, Kannada, Tamil, Telugu, Gujarati, Punjabi, and Assamese. The platform claims to have over 50 million downloads and is actively leveraged by over 7,500 eminent personalities across politics, sports, media, entertainment, spirituality, and art and culture.
First Published: IST