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Unicorn Startup29 Feb 2024

GoTo and TikTok Nearing Full Compliance with Indonesia’s Social Media Transaction Regulations

Indonesian tech giant GoTo and its Chinese-owned partner TikTok are on track to fully comply with Indonesia’s regulations banning in-app transactions on social media platforms. According to GoTo’s CEO, compliance is expected to be reached within the next six weeks. The announcement, made on Wednesday, aims to ensure that GoTo and TikTok operate in accordance […]

Unicorn Startup6 Nov 2023

Chinese Startup 01.AI Hits $1B Valuation: A Unicorn in Less Than a Year

Chinese startup 01.AI has rapidly emerged as a unicorn in the tech world, achieving this status in less than eight months with its performance in a new open-source AI model, Yi-34B. The Beijing-based company recently surpassed a $1 billion valuation following a successful funding round.  Led by renowned computer scientist Kai-Fu Lee, 01.AI focuses on […]
Regulations — 29 Feb 2024

Indonesian tech giant GoTo and its Chinese-owned partner TikTok are on track to fully comply with Indonesia’s regulations banning in-app transactions on social media platforms. According to GoTo’s CEO, compliance is expected to be reached within the next six weeks. The announcement, made on Wednesday, aims to ensure that GoTo and TikTok operate in accordance […]

Funding — 6 Nov 2023

Chinese startup 01.AI has rapidly emerged as a unicorn in the tech world, achieving this status in less than eight months with its performance in a new open-source AI model, Yi-34B. The Beijing-based company recently surpassed a $1 billion valuation following a successful funding round.  Led by renowned computer scientist Kai-Fu Lee, 01.AI focuses on […]

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