Twitch plans to shut down its business in South Korea on February 27, it said, after finding that operating in one of the world's largest esports markets Twitch plans to shut down its business in South Korea on February 27, it said, after finding that operating in one of the world's largest esports markets is "prohibitively expensive."
Typically, tech firms don’t mind red numbers as long as their user base is enormous.
They didn’t while it was cheap to borrow money. Since interest rates have risen, you can’t make these kinds of investments anymore without having some immediate pay off.
They didn’t while it was cheap to borrow money. Since interest rates have risen, you can’t make these kinds of investments anymore without having some immediate pay off.