Yahoo India has decided to shut down SpotM, the social network it launched less than a year ago in India. According to the site, SpotM. which never exited private beta, will be shut down on Sep. 1. Yahoo launched SpotM as a social network for the 16-24 age bracket in an attempt to capture the growing market in India. It appeared that SpotM had potential to take off due the popularity of social …

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Tags: eve, first birthday, popularity, private beta, yahoo india