Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap China sees 56 new unicorn enterprises in 2023: report !

China sees 56 new unicorn enterprises in 2023: report

Time:2024-05-21 17:24:09 source:Planet Profile news portal

GUANGZHOU, April 9 (Xinhua) -- China added 56 new unicorn enterprises in 2023, which means the country added more than one each week during the period, according to the Hurun Global Unicorn Index 2024 released on Tuesday.

The Global Unicorn Index 2024 is a ranking of the world's start-ups founded after 2000 that are worth at least 1 billion U.S. dollars and not yet listed on a public exchange.

There are a total of 1,453 unicorn enterprises in the world, with a total market value of 4.6 trillion U.S. dollars. China alone has 340 unicorn enterprises, ranking second worldwide, while the United States takes first place, with a total of 703. China's unicorn enterprises are mainly in the sectors of artificial intelligence, semiconductors and new energy, said the report.

The report also highlighted Hefei, capital of east China's Anhui Province, as the fastest-growing city in terms of the number of unicorn enterprises in China, followed by other major cities including Guangzhou, Hangzhou and Suzhou.

TikTok's parent company ByteDance retained the title of the world's most valuable unicorn last year, worth some 1.56 trillion yuan (about 220 billion U.S. dollars). Meanwhile, the Shanghai-based Chinese games giant miHoYo shot up 91 places to the world's 12th, with an estimated market value of some 160 billion yuan, according to the report.

(Editor:Fu Bo)

Related information
  • NBA playoffs: Edwards leads Wolves to 98
  • A photovoltaic power station was built on the rooftop of a residential building in Zhengzhou
  • Trade relations between China, Australia shine
  • Chinese researchers prove presence of ocean on Mars
  • Strictly star Giovanni Pernice's former partner Rose Ayling
  • China's benchmark interbank gold prices higher Tuesday
  • Chinese researchers prove presence of ocean on Mars
  • Online literature industry continues to grow
Recommended content
  • Cruise worker 'murders newborn son on board ship': Shocked co
  • Stronger support for advanced machine tools urged
  • Xi Story: Small Projects for Greater Prosperity
  • China's mega water diversion project benefits over 150 mln people
  • Siblings trying to make US water polo teams for Paris Olympics
  • Economy improving, with SOEs poised to lead