TikTok owner ByteDance leads the CB Insights unicorn rankings with a valuation of US$140 billion. Photo: KyodoTikTok owner ByteDance leads the CB Insights unicorn rankings with a valuation of US$140 billion. Photo: Kyodo
TikTok owner ByteDance leads the CB Insights unicorn rankings with a valuation of US$140 billion. Photo: Kyodo

China boasts the two biggest tech unicorns, led by TikTok owner ByteDance, report says

  • Deal activity in Asia rose 20 per cent between the first and second quarter of the year, compared to a 9 per cent gain in Europe and 3 per cent in North America
  • There are 66 venture capital-backed unicorns in fintech worth US$248 billion in total, while health care has 46 worth a total of US$116.8 billion

Topic |   Start-ups
TikTok owner ByteDance leads the CB Insights unicorn rankings with a valuation of US$140 billion. Photo: KyodoTikTok owner ByteDance leads the CB Insights unicorn rankings with a valuation of US$140 billion. Photo: Kyodo
TikTok owner ByteDance leads the CB Insights unicorn rankings with a valuation of US$140 billion. Photo: Kyodo
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