China: unicorn market value by industry 2021

The highest-valued Chinese unicorns were active in finance and insurance as of April 2021, reaching a market value of over 227 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. As of April 2021, the number of unicorns worldwide totaled more than 590 with North America and Asia Pacific regions accounting for over 80 percent of all unicorns. In the Asia Pacific region, China was the home of the majority of unicorns followed by India and South Korea.

Market valuation of unicorns in China as of April 2021, by industry (in billion U.S. dollars)

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Release date

April 2021

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Region

China

Survey time period

April 2021

Supplementary notes

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 been 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, mean averages 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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