A unicorn company is a privately owned startup that has a current valuation of one billion U.S. dollars or over. As of April 2021, the sectors home to the highest number of unicorns in China were technology and telecommunications, and transportation and logistics. However, Chinese unicorns active in finance or insurance had significantly higher market valuations than unicorns in either of these sectors.
Number of unicorn companies in China as of April 2021, by industry
A unicorn company is a privately owned startup that has a current valuation of one billion U.S. dollars or over. Once a company has gone public (IPO) or has been acquired it is no longer termed as a unicorn. All published figures are best estimations based on latest publications of sources. Figures are correct as of April 2021. Figures and valuations are rounded as some company valuations have not been externally verified and are self-published. Latest valuations used. As multiple sources were used and valuations vary between sources, the most recent valuation was used. Where valuations differed but the reporting date was the same, mean averages were used. Industries were assigned by the sources. Where companies crossed industries, the major category was used as determined by the source. Where companies have multiple countries listed the country of headquarters has been used.
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Statista. (April 23, 2021). Number of unicorn companies in China as of April 2021, by industry [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/897674/china-unicorn-company-distribution-by-sector/
Statista. "Number of unicorn companies in China as of April 2021, by industry." Chart. April 23, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/897674/china-unicorn-company-distribution-by-sector/
Statista. (2021). Number of unicorn companies in China as of April 2021, by industry. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/897674/china-unicorn-company-distribution-by-sector/
Statista. "Number of Unicorn Companies in China as of April 2021, by Industry." Statista, Statista Inc., 23 Apr 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/897674/china-unicorn-company-distribution-by-sector/
Statista, Number of unicorn companies in China as of April 2021, by industry Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/897674/china-unicorn-company-distribution-by-sector/ (last visited November 10, 2024)
Number of unicorn companies in China as of April 2021, by industry [Graph], Statista, April 23, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/897674/china-unicorn-company-distribution-by-sector/