China’s ‘unicorn’ start-ups exceed US number for first time | The Malaysian Insight

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China’s ‘unicorn’ start-ups exceed US number for first time

China now has the most number 'unicorns', privately owned start-ups valued by investors at over US$1 billion, than the US. – EPA pic, October 21, 2019.

CHINA now has more privately held start-ups valued by investors at over US$1 billion than the US, a report said today. There were 206 Chinese firms out of a global total of 494 ultra-valuable start-ups – known as “unicorns” – in June 2019, according to the research firm Hurun Report. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

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