Chinese unicorn companies surpass the United States for the first time



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This makes China the country with the largest number of such enterprises in the world, followed by the United States in second place, with 203 companies.

"China and the United States dominate with nearly 80% of the world's unicorn businesses, even though [los dos países] they represent only half of world GDP and a quarter of the world's population, "said Hurun President Rupert Hoogewerf.

"The rest of the world needs to wake up and create an environment for unicorns to thrive," he added.

According to Hurun's classification, China hosts the three most popular unicorn startups in the world: Financial Ant (number one electronic payment and giant's property Ali Baba) Bytedance (creator of the video application TikTok) and Didi Chuxing (reservation of vehicle with driver), whose sum amounted to 280 000 million dollars.

The United States stands out for its part with Airbnb, leader in the rental of tourist apartments between private individuals, and WeWork, the shared desktop company, as well as other startups less known as Zume, a California pizza delivery company.

According to the study, more than half of the classified technology beads are related to e-commerce or financial technology "FinTech", with an average of seven years of existence.

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