Employees are seen at the Ant Financial Services headquarters in Hangzhou on October 17. Alipay operator Ant Financial was ranked as the world’s most valuable tech start-up, with a US$150 billion valuation, according to a new global unicorn list published by Hurun Report. Photo: Bloomberg

China tops world in unicorns as Ant Financial, ByteDance, Didi Chuxing lead US$1.7 trillion market

  • China had 206 tech start-ups valued at more than US$1 billion, moving ahead of the US with 203
  • Sequoia Capital ranked as the world’s top unicorn investor, followed by Tencent Holdings and SoftBank Group Corp
Topic |   US-China tech war
Employees are seen at the Ant Financial Services headquarters in Hangzhou on October 17. Alipay operator Ant Financial was ranked as the world’s most valuable tech start-up, with a US$150 billion valuation, according to a new global unicorn list published by Hurun Report. Photo: Bloomberg
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