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There are about 1300 unicorn companies in the world (>$1 Bn valuation). 329 of them were started in California, just less than half of all unicorns in the US. China with over 1 Bn people has produced only 278 unicorns, less than California as a state. In 2022, California… https://t.co/LcLIv3MbcF https://t.co/QxtUARfTPC
$1.4 trillion That’s the combined worth of all 369 unicorns in China. (Unicorn is a startup that’s worth more than $1 billion) The #1 sector: AI (52 unicorns) The #1 city: Beijing (114 unicorns) Innovation and entrepreneurship. #economy https://t.co/FVrZshCcUr
Chart of the Day: China currently has 369 unicorns worth an estimated $1.4 trillion, according to a new report, with AI startups making up the largest number. https://t.co/78unT9TKmN
China has 369 unicorn companies, valued at over $1 billion each, with a total worth of $1.4 trillion. The majority of these unicorns are in the AI sector, with Beijing being the city with the most unicorns. The data was presented at the 2024 Zhongguancun Forum in Beijing.