Number of unicorn companies in China 2020, by industry

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. As of January 2020, the number of Unicorns worldwide totaled more than 600 with North America and Asia Pacific regions accounting for over 85 percent of all unicorns.

In the Asia Pacific region, China was the home of the majority of Unicorns followed by India and South Korea. Leading technologies included technology and telecommunications, transportation and logistics, e-commerce and the finance, insurance and real estate industries.

Number of unicorn companies in China as of January 2020, by industry

Number of unicorn companies
Technology & telecommunications42
Transportation & logistics38
E-commerce29
Finance, insurance & real estate25
Internet 20
Media & advertising13
Health & pharmaceuticals12
Education9
Consumer goods & FMCG8
Travel, tourism & hospitality4
Sports & recreation2
Agriculture 1
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Sources

Release date

January 2020

Region

China

Survey time period

January 2020

Supplementary notes

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 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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Statistics on "Startups in Asia Pacific"

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