Malaysian startup Kaodim to shut down on July 1, cites rising costs among challenges

Choong and Jeffri Cheong founded Kaodim in 2014. — RICKY LAI/The Star

Kaodim has announced that its company and all affiliate platforms will no longer be operational from July 1, 2022.

Co-founder and CEO Choong Fui-Yu cited the effects of the prolonged Covid-19 lockdown, which led to issues such as operational disruptions, labour shortages and higher running costs on the service provider side, as having impacted its business and quality of services.