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India ranked third in 1st Edition of Hurun Global Unicorn List for 2019; China tops

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On October 17, 2019, 1st Edition of Hurun Global Unicorn List for 2019 was released by Hurun Research Institute. It is a ranking of the world’s billion-dollar tech ‘start-ups’ founded in the 2000s which are not yet listed on a public exchange. India was ranked third in the list with 21 unicorns while China topped with 206 and United States (US) stood at second position with 203.Hurun Global Unicorn List for 2019Key Points:

  • The list followed the sixth quarterly Hurun China Unicorn Index and valuations were a snapshot as of 30 June 2019.
  • There are 494 unicorns in the world in 25 countries and 118 cities worth $3.4 billion on average and $1.7 trillion in total (taking 7 years average).
  • China and the US accounted for over 80% of the world’s unicorns.
  • Unicorns from India were led by payments solutions platform One97 Communications ($10 billion); cab aggregator Ola Cabs ($6 billion); online educator Byju’s ($6 billion) and travel-stay finder OYO Rooms ($5 billion).
  • By city, Beijing (China) is the world’s unicorn capital with 82, followed by San Francisco (55), Shanghai, New York and Hangzhou.
  • By region, Silicon Valley (United States) led the world with 102 or 21% of the world’s unicorns.
  • The United Kingdom (UK) was fourth globally with 13 and Europe had 35 unicorns.

About Hurun Report:
Chairman & Chief Researcher: Rupert Hoogewerf