Yahoo returns Indonesia’s Koprol back to its founders after saying it wants to shut the service down

July 24, 2012 by     Email the Author

Yahoo has returned Koprol, an Indonesia-based Foursquare-like service, back to its owners, reported tech blogs DailySocial and TheNextWeb. That includes ownership of the Koprol name, domain, and all intellectual property and trademarks.

The service has endured a tumultuous journey: It was sold to Yahoo for an undisclosed sum, stagnated in terms of user traction, and was condemned to the trash heap just under a month ago.

Originally slated for shutdown on 28th August, Koprol might soon see new life under its founders, who have since started a new company called IceHouse. The Koprol team was about to implement plans for version 2.0 when Yahoo decided it wasn’t worthwhile maintaining the social network and its roughly 1.5 million users, mostly based in Indonesia.

Koprol’s hardcore users had launched a Twitter campaign with the hashtag #savekoprol in an attempt to save it.

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About The Author

Terence LEE
Terence LEE - Editor

Terence writes mainly about technology trends and startups in Asia. He believes in crafting smart content: Not just a regurgitation of text, but well thought-out pieces that serve the reader using a combination of data, design, narratives, analysis, and visual impact. His articles have been published on Venturebeat, Yahoo!, Straits Times, Today, and The Online Citizen. He also co-founded NewNation.sg, a satirical news site covering Singapore affairs. Engage him on LinkedIn and Twitter.

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