China is home to four of the world’s five largest unicorns, led by Alibaba’s Ant Group

//China is home to four of the world’s five largest unicorns, led by Alibaba’s Ant Group

China is home to four of the world’s five largest unicorns, led by Alibaba’s Ant Group

China is home to four of the world’s five largest unicorns – start-ups valued at more than US$1 billion – as the country recorded 227 such companies at the end of March, despite its protracted tech and trade war with the United States.That total was behind the US tally of 233 unicorns in the same period, according to this year’s edition of the Hurun Global Unicorn Index released by Shanghai-based Hurun Research Institute on Tuesday. It said the US and China accounted for a combined 79 per cent…

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By | 2020-08-04T09:15:11+00:00 August 4th, 2020|Technology|Comments Off on China is home to four of the world’s five largest unicorns, led by Alibaba’s Ant Group