BEIJING: China ranked second globally in the number of unicorn companies, or startups valued at more than US$ 1bil( RM4. 2bil), in 2021, with rising unicorns growing to become “ decacorns ” with a valuation of more than US$ 10bil( RM42bil), the latest industry report said.... A report by market consultancy CB Insights said the United States was home to the most unicorns globally last year with the number reaching 488.... According to the report, 31% of global unicorns are valued at around US$

BEIJING: Despite slowing global economic growth, Chinese unicorns – privately held startups valued at over US$ 1bil( RM4. 5bil) each – have demonstrated strong resilience and vitality, thanks to yuan-denominated financing, according to experts. Chinese startups in the fields of new energy and artificial intelligence( AI) have emerged as crucial growth drivers, they said.On Monday, Forbes China, the Chinese edition of the renowned US business magazine, released the list of the world’s newest unic

BEIJING: Despite slowing global economic growth, Chinese unicorns – privately held startups valued at over US$ 1bil( RM4. 5bil) each – have demonstrated strong resilience and vitality, thanks to yuan-denominated financing, according to experts. Chinese startups in the fields of new energy and artificial intelligence( AI) have emerged as crucial growth drivers, they said.On Monday, Forbes China, the Chinese edition of the renowned US business magazine, released the list of the world’s newest unic

Its 155 unicorns took an average of just five years and 10 months to reach the US$ 1bil( RM4. 23bil) mark. The second-fastest country for startups turning into unicorns is Hong Kong, where they took an average of six years and one month, followed by Japan with six years and three months. Singapore shares the fourth spot for fastest time with the United States, which has 378 unicorn companies, and Australia, with six. When it comes to producing the most unicorns, the US took the top spot, followe

JAKARTA: Kopi Kenangan, one of Indonesia's fastest growing retail food and beverage( FB) chains, has officially become a unicorn in the FB category, the first from Southeast Asia.... Founded in 2017, it has raised over US$ 240 million to date.... Kopi Kenangan has served 40 million cups of coffee in the last 12 months and is expected to serve 5.5 million cups per month in the first quarter of 2022....

The Indian startup ecosystem has experienced a monumental shift in the past decade, with sectors such as retail, enterprise applications, fintech, and logistics leading the growth story, data intelligence platform Tracxn Technologies said on Wednesday.... Click here to follow our WhatsApp channel 111 unicorns created in India so far The country welcomed its 100th startup in the unicorn( startups valued over$ 1 billion) club in 2022.... So far, 111 unicorns have been created in India, with anot

Indian start-ups should look to create an additional 75 unicorns in 2022, continuing last year’s momentum, commerce and industry minister Piyush Goyal said on Monday.... Unicorn is a privately-held start-up, with a valuation exceeding$ 1 billion.... He added, ONDC will help bridge the gap between large corporations and small start-ups, bringing in equity in the business ecosystem....

close Video Fox News Flash top headlines for May 4 Fox News Flash top headlines are here.... The city is located over an hour north of Phoenix. ARIZONA TO CARRY OUT FIRST EXECUTION IN 8 YEARS AFTER DEATH ROW INMATE LOSES MENTAL FITNESS CASE Arizona troopers found over 37 pounds of suspected fentanyl pills in a unicorn backpack during a traffic stop on Wednesday.... Arizona troopers found over 37 pounds of suspected fentanyl pills in a unicorn backpack during a traffic stop on Wednesday....

“ It’s getting more difficult to raise funds in the public market amid the regulatory headwinds and Sino-US tensions.” Companies like ByteDance Ltd, which had been preparing for an IPO before the crackdown started, are not the only ones whose listing dreams are on hold.... Last year’s global surge of listings has given way to a slump, as rising rates and market volatility cast a pall over high-growth companies. The situation is particularly acute in Hong Kong, which saw its worst January for IP

The new tariff plans" will start the process of ARPU( average revenue per user) improvement and will help address the financial stress faced by the industry, ” the company said in a press release.... Read moreProptech start-up NoBroker enters unicorn club with$ 210 mn fundingProperty tech start-up NoBroker has raised$ 210 million in its Series E round led by General Atlantic, Tiger Global Management and Moore Strategic Ventures, the company said on Tuesday.... This round of funding brings the