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Why Did Short Format Videos App Quibi Failed

Oct 22, 2020 08:20 PM IST iVideos iVideos

Quibi, a short videos app, is shutting down operations within just six months after its launch. Quibi, mobile-only platform, launched with the idea of revolutionising storytelling, using short-format fiction videos. The company struggled during the pandemic and now is seeking one or more buyers for its assets.