China Now Has More Than 100 Tech Unicorns

News Source:

The mythical unicorn is no fantasy in China, which now boasts over 100 unicorns according to latest data from China Money Network.

The influential investment news service today provided an updated list of 102 unicorns in China, as well as the top venture capital funds pouring money into these behemoths.

Alibaba's Ant Financial ranks first with a valuation of US$70 billion. it is followed by Didi Chuxing and Xiaomi with valuations of US$50 billion and US$46 billion, respectively. And about 30 technology firms round out the bottom of the list with similar meager valuations of only US$1 billion.

The data provided shows logistics, real-estate services and healthcare-related companies, all of which are...

This news article comes via , who is the copyright owner of this information and news. has licensed the rights to this article and any republication or re-distribution in whole or in part of this content is strictly prohibited without the express consent of

You May Also Like