Unicorn Companies China
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MiniMax Video-01 Platform With AI Video Generation Capabilities Launched
MiniMax, a Chinese artificial intelligence (AI) unicorn startup backed by Alibaba and Tencent, released a text-to-video generation model on Monday. Dubbed Video-01, the platform is available to the public even outside of China. It can generate six-second-long videos in a wide range of styles. Video-01 joins the company’s existing AI offerings suc...
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India Added 23 Unicorns In 2022, Overtook China 2nd Year In A Row: Report
India overtook China by adding 23 unicorns in 2022 while the neighbouring country created 11 such startups with valuation of USD 1 billion or more, according to a report released on Wednesday.
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Watershed For Unicorns In India As China Tech Crackdown Spooks Investors
Last week marked a watershed for technology startups in India, as a record bout of fundraising shifted attention to the world's second-most populous market, just as investors were becoming spooked by a crackdown on internet companies in China.
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Oyo Said to Lay Off Thousands in India and China
Ritesh Agarwal-led Indian hospitality unicorn Oyo, currently the second top unicorn after Paytm and valued at nearly $10 billion (roughly Rs. 70,760 crores) in the country, is reportedly laying off thousands of employees in India and China
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Oyo Shuts Door On Employees In India, China
According to reports, SoftBank has given Oyo a deadline of March 31, 2020 to phase out contracts or businesses, which are not EBITDA-profitable.The company has a deadline to post positive Earnings before interest, tax, depreciation and amortization (EBITDA) for its self-operated hotels and July as the deadline for positive EBITDA of its ancillary b...
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MiniMax Video-01 Platform With AI Video Generation Capabilities Launched
MiniMax, a Chinese artificial intelligence (AI) unicorn startup backed by Alibaba and Tencent, released a text-to-video generation model on Monday. Dubbed Video-01, the platform is available to the public even outside of China. It can generate six-second-long videos in a wide range of styles. Video-01 joins the company’s existing AI offerings suc...
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India Added 23 Unicorns In 2022, Overtook China 2nd Year In A Row: Report
India overtook China by adding 23 unicorns in 2022 while the neighbouring country created 11 such startups with valuation of USD 1 billion or more, according to a report released on Wednesday.
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Watershed For Unicorns In India As China Tech Crackdown Spooks Investors
Last week marked a watershed for technology startups in India, as a record bout of fundraising shifted attention to the world's second-most populous market, just as investors were becoming spooked by a crackdown on internet companies in China.
-
Oyo Said to Lay Off Thousands in India and China
Ritesh Agarwal-led Indian hospitality unicorn Oyo, currently the second top unicorn after Paytm and valued at nearly $10 billion (roughly Rs. 70,760 crores) in the country, is reportedly laying off thousands of employees in India and China
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Oyo Shuts Door On Employees In India, China
According to reports, SoftBank has given Oyo a deadline of March 31, 2020 to phase out contracts or businesses, which are not EBITDA-profitable.The company has a deadline to post positive Earnings before interest, tax, depreciation and amortization (EBITDA) for its self-operated hotels and July as the deadline for positive EBITDA of its ancillary b...
