Explainer |

Didi and ByteDance among Top 10 IPOs by China’s billion-dollar tech start-ups to watch for in 2021

• China contributed 23 per cent of the 611 unicorns in the world, collectively worth over US$2 trillion as of March
• A record 143 mainland Chinese companies completed an IPO in the first three months of this year, amassing US$23.6 billion of funds