Said there are 164 unicorns in China

New / Other

New Other

Alibaba, eBay, Wish
May 17, 2018 6 Comments

worth a combined US$628.4 billion, which has galloped well ahead of the US by number (132 according to the recent research)

1) Alibaba Group Holding’s finance arm Ant Financial / 75bn
2) Taxi hailer Didi Chuxing /56bn
3) Smartphone heavyweight Xiaomi / 46bn (to go IPO at 70bn in HK soon)
4) Alibaba Cloud / 39bn
5) Meituan Dianping, a group buying website for locally found consumer products and retail services / 30bn

Any thoughts..?


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TOP 6 Comments
  • Barracuda / Sales

    Barracuda Sales

    Don’t forget Chinese Pied Piper
    May 17, 2018 1
    • Yahoo / Product Truth
      “New” Pied Piper
      May 18, 2018
  • Autodesk / Eng ^.^
    Chinese venture is much easier than American venture money if you speak Chinese.
    May 17, 2018 0
  • Google MzIJ73
    That's a lot of unicorn meat, but not enough for 1.4 billion people.
    May 18, 2018 0
  • Uber Gmie27
    China : US = 4 : 1. US has 117 unicorns; China will need 468 unicorns to beat US.
    May 18, 2018 1
    • Google / Product ToJQ21
      US unicorns typically run businesses internationally across many countries while Chinese unicorns typically run within China. Although there is a trend of expanding to other countries but most of their revenues currently are in China territory. The Chinese population vs world population is 1:5. So definitely if expanding to other countries would be a great strategy for China to make more unicorns and bigger unicorns.
      Apr 29, 2019


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