Set up seven years ago on average, they are worth US$3.4bn on average and US$1.7tn in total. Hurun Research found 494 unicorns in the world, based in 24 countries and 118 cities. Valuations are a snapshot of 30 June 2019. This is the first year of the list, and follows on from the 6 th quarterly Hurun China Unicorn Index. The Hurun Research Institute released last October the inaugural Hurun Global Unicorn List 2019 , a ranking of the world’s billion-dollar tech ‘start-ups’ founded in the 2000s and not yet listed on a public exchange. TOTAL VALUE OF ALL KNOWN UNICORNS IN THE WORLD US$1.7 TRILLION OTHERS INCLUDE TENCENT, SOFTBANK, TIGER, IDG, GOLDMAN SACHS AND ALIBABA. SEQUOIA WORLD’S MOST SUCCESSFUL INVESTOR INTO UNICORNS, BEING A KEY INVESTOR IN ONE IN FIVE OF THE WORLD’S UNICORNS. OTHER SECTORS INCLUDE EDTECH, E-CARS, BLOCKCHAIN, 3D PRINTING, SPACE TECH AND ROBOTICS UNICORNS IN AI SECTOR 40, SHARED ECONOMY 22, LIFE SCIENCES 18. WORLD’S TOP THREE UNICORNS FROM CHINA: ANT FINANCIAL US$150BN, BYTEDANCE US$75BN AND DIDI CHUXING US$55BNĮ-COMMERCE AND FINTECH LEAD WITH 68 AND 56 UNICORNS, FOLLOWED BY CLOUD 44 Healthcare IT firm LinkDoc Technology and fitness app Keep have cancelled US listing plans following pressure from Beijing.HURUN RESEARCH FINDS 494 UNICORNS IN WORLDĬHINA LEADS USA BY 206 TO 203, MAKING UP 83% OF WORLD’S UNICORNS. The crackdown has been extended to other US-listed firms including Kanzhun and Full Truck Alliance. A forced US delisting may also be on the cards for the ride-hailer, reports suggested. Bloomberg reported on Thursday that the authorities are looking to punish Didi with hefty fines, suspension of certain operations and insertion of state-owned investors. US-listed Didi Global has been the poster boy of Beijing’s recent crackdown on tech. The Guangzhou-based firm’s listing comes at a time when Beijing has been relentlessly trying to rein in the country’s growing technology sector.Ĭhinese authorities have been particularly concerned about the enormous amounts of personal data in the hands of internet companies.Įarlier this month, China’s cyber-security watchdog broadened its crackdown on China-based companies listing overseas, ruling that companies handling personal information of more than one million users must undergo a security review before listing abroad. In 2020, CloudWalk reported a net loss of RMB720m on a full-year revenue of RMB755m.Īccording to CloudWalk Technology’s website, the company was incubated in the Chinese Academy of Sciences and describes itself as a “human-machine collaboration solution provider”.ĬloudWalk Technology has been blacklisted by the US government and is prohibited from purchasing supplies from the US, Global Times said. It is the only market in China that allows loss-making firms to go public. The Shanghai STAR market is a tech-oriented stock exchange that hopes to rival the Nasdaq. Now the SSE has accepted CloudWalk’s application to offer shares via its STAR bourse, the firm is on course to become China’s first AI unicorn to go public at home, according to state-owned media firm Global Times. Read more: China’s LinkDoc pulls US IPOĪrtificial intelligence firm CloudWalk Technology will list on Shanghai Stock Exchange’s (SSE) tech specalist STAR market as it looks to raise RMB3.75bn ($579.2m).US30 US Wall Street 30 (USA 30, Dow Jones)
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