As of April 2021, the fintech company ANT Group was not only the largest valued unicorn in the Asia Pacific region, but also the highest valued unicorn globally. ByteDance, who own subsidiaries such as the short-form mobile video company TikTok had a market valuation of 140 billion U.S. dollars.
The Asia Pacific region accounts for the second highest number of unicorns worldwide but tops the list in market valuation. A unicorn is a privately held company worth one billion U.S. dollars or more. Companies are no longer unicorns if they fall under the one billion U.S. dollar mark, go public or are acquired.
Leading unicorns in the Asia Pacific region as of April 2021, by market valuation
(in billion U.S. dollars)
A unicorn company is a privately owned startup that has a current valuation of one billion U.S. dollars or over. Once a company has gone public (IPO) or has been acquired it is no longer termed as a unicorn. All published figures are best estimations based on latest publications of sources. Figures are correct as of April 2021. Figures and valuations are rounded as some company valuations have not externally verified and are self-published. Latest valuations used. As multiple sources were used and valuations vary between sources, the most recent valuation was used. Where valuations differed but the reporting date was the same, aggregates were used. Industries were assigned by the sources. Where companies crossed industries, the major category was used as determined by the source. Where companies have multiple countries listed the country of headquarters has been used.
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Statista. (April 19, 2021). Leading unicorns in the Asia Pacific region as of April 2021, by market valuation (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 13, 2024, from https://www.statista.com/statistics/1094156/largest-valued-unicorns-in-asia-pacific/
Statista. "Leading unicorns in the Asia Pacific region as of April 2021, by market valuation (in billion U.S. dollars)." Chart. April 19, 2021. Statista. Accessed October 13, 2024. https://www.statista.com/statistics/1094156/largest-valued-unicorns-in-asia-pacific/
Statista. (2021). Leading unicorns in the Asia Pacific region as of April 2021, by market valuation (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 13, 2024. https://www.statista.com/statistics/1094156/largest-valued-unicorns-in-asia-pacific/
Statista. "Leading Unicorns in The Asia Pacific Region as of April 2021, by Market Valuation (in Billion U.S. Dollars)." Statista, Statista Inc., 19 Apr 2021, https://www.statista.com/statistics/1094156/largest-valued-unicorns-in-asia-pacific/
Statista, Leading unicorns in the Asia Pacific region as of April 2021, by market valuation (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1094156/largest-valued-unicorns-in-asia-pacific/ (last visited October 13, 2024)
Leading unicorns in the Asia Pacific region as of April 2021, by market valuation (in billion U.S. dollars) [Graph], Statista, April 19, 2021. [Online]. Available: https://www.statista.com/statistics/1094156/largest-valued-unicorns-in-asia-pacific/