kumu
What’s going on with Kumu?
We dive into the challenges facing the livestreaming app and look at Advance Intelligence Group’s latest fundraise.
Unpacking Kumu’s revenue goals, declining user base
In On the Rise this week, we dive into Kumu’s falling user numbers, explore True Global Ventures’ AI focus, and the Brain helping make AI apps.
Ailing Kumu makes tough choices to stay live
Check out our top articles for the week.
Kumu grapples with declining users, rising competition
Kumu aims to be profitable by Q3 2023 but faces declining active users and in-app spends – and the looming threat of competition from TikTok.
Kumu’s struggles: Layoffs, departures slash workforce by almost half
The Philippine livestreaming platform has seen big bets not panning out and ex-employees alleging that frivolous spends costed the firm.
General Atlantic leads $74m round of livestreaming app Kumu
The funding round, the second that Kumu closed within five months, pushes the platform’s total amount raised from investors to US$100 million.
Carousell’s big recommerce bet
The Checkout is Tech in Asia’s free newsletter that breaks down the biggest stories and trends in ecommerce.
The Philippines’ promising post-pandemic future
Despite being hit hard by the pandemic, not all hope is lost for the Philippines’ startups.
Funding deals in SEA tech startups hit record high in H1 2021, report says
The first half of the year was also the first time that exit proceeds through initial public offerings exceeded those from trade exits or secondary sales.
The curse of the Filipino startup founder
Starting a business is incredibly difficult, but starting up in the Philippines may be even more challenging.



