Cryptocurrency Q&A Is Osmo out of business?

Is Osmo out of business?

noah_stokes_photographer noah_stokes_photographer Fri Jun 28 2024 | 7 answers 1209
In the current financial and cryptocurrency landscape, rumors and speculation are inevitable. However, when it comes to the question of whether Osmo, a prominent player in the decentralized finance space, is indeed out of business, it begs for a thorough investigation. Have there been any official announcements from Osmo regarding its operational status? Are there any indications of financial instability or technical difficulties? Are users still able to access their funds and conduct transactions on the platform? These are just some of the key questions that need to be addressed to provide a definitive answer to the query: Is Osmo out of business? Is Osmo out of business?

7 answers

Alessandra Alessandra Sun Jun 30 2024
The acquisition reflected Byju's strategy to expand its presence in the gaming and educational technology sectors.

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KimchiQueenCharmingKissWarmth KimchiQueenCharmingKissWarmth Sun Jun 30 2024
Osmo games are widely accessible for purchase, offering consumers the convenience of both online and retail options.

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Martina Martina Sun Jun 30 2024
Amongst retail outlets, Osmo is sold at prominent stores like Target and the Apple Store, catering to a diverse customer base.

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EnchantedSoul EnchantedSoul Sun Jun 30 2024
In January 2019, Byju's, a leading educational technology company, acquired Osmo for a substantial amount of $120 million.

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SamuraiWarriorSoul SamuraiWarriorSoul Sat Jun 29 2024
However, financial challenges emerged for Byju's, the parent company of Osmo, leading to significant debt accumulation.

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