When American investor Aileen Lee coined the term ‘unicorn’ in Silicon Valley in 2013 she introduced 39 firms that were valued at $1 billion or more. Not one of them was Chinese. Today there are at least 200 claiming unicorn status from China or nearly half of the total herd worldwide.
Top 50 China Unicorns outlines the leaders in the group with brief profiles of each of the companies. A summary of the ranking can be downloaded here.
And here’s our review of the major changes in the ranking’s latest edition (published mid-July).
Read on for more on each of the top 50 unicorns below (click on each for a profile of the company and links to prior Week in China articles on the firm). The ranking will be updated every quarter.
Are you a China unicorn that our readers should know more about? If so, get in touch with us here.
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