Why Startups Fail Case Study
Case Study 07: GoBear
Getting Business Right: Real Stories
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Case Study Description
Materials: PDF Files & Startup Failure Checklist
GoBear expanded to more countries in Asia, including Malaysia, Thailand, Vietnam, Indonesia, Hong Kong and the Philippines. It has also raised nearly $100 million in funding by 2020.
Although GoBear started off on a good note and had a mission to improve the financial health of people in Asia, it shocked the world by abruptly announcing its closure just a year after the pandemic.
Was the pandemic the sole reason for GoBear's failure? Or was there something else?
