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Leading unicorns in the Asia Pacific region as of January 2020, by market value

As of January 2020, the FinTech company Ant Financial was not only the largest valued unicorn in the Asia Pacific region, but also the highest valued unicorn globally. Ant Financial have been externally valued between 100 and 150 billion U.S. dollars and as no verified valuation was possible they have been noted here in this statistic as an aggregate of multiple sources. ByteDance, who own subsidiaries such as the short-form mobile video company TikTok had a market value of 75 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 unicorn enterprises in the Asia Pacific region as of January 2020, by market valuation

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Release date

January 2020


Worldwide, APAC

Survey time period

January 2020

Supplementary notes

* Valuation has not been confirmed and is an estimate. ** Aggregated valuation based on multiple source estimations.

A unicorn company is a privately owned startup that has a current valuation of one billion USD 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 January 2020. 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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