The Chinese capital of Beijing has the largest concentration of fast-growing unicorns – start-ups valued at least US$1 billion – in the world’s second largest economy, with an estimated 79 such companies located in the city in 2018. Photo: Agence France-Presse The Chinese capital of Beijing has the largest concentration of fast-growing unicorns – start-ups valued at least US$1 billion – in the world’s second largest economy, with an estimated 79 such companies located in the city in 2018. Photo: Agence France-Presse
The Chinese capital of Beijing has the largest concentration of fast-growing unicorns – start-ups valued at least US$1 billion – in the world’s second largest economy, with an estimated 79 such companies located in the city in 2018. Photo: Agence France-Presse
Start-ups
Tech /  Start-ups

China created a unicorn every 3.8 days in 2018

  • The valuation of China’s biggest unicorn, Ant Financial, has exceeded 1 trillion yuan

Topic |   Start-ups
Jane Zhang
Jane Zhang

Updated: 7:21pm, 27 Jan, 2019

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The Chinese capital of Beijing has the largest concentration of fast-growing unicorns – start-ups valued at least US$1 billion – in the world’s second largest economy, with an estimated 79 such companies located in the city in 2018. Photo: Agence France-Presse The Chinese capital of Beijing has the largest concentration of fast-growing unicorns – start-ups valued at least US$1 billion – in the world’s second largest economy, with an estimated 79 such companies located in the city in 2018. Photo: Agence France-Presse
The Chinese capital of Beijing has the largest concentration of fast-growing unicorns – start-ups valued at least US$1 billion – in the world’s second largest economy, with an estimated 79 such companies located in the city in 2018. Photo: Agence France-Presse
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