China trails US in creating unicorns, India grabs third place: Hurun ranking

China trails US in creating unicorns, India grabs third place: Hurun ranking

Photo by Annie Spratt on Unsplash

China fell further behind the U.S. in the number of startups valued at more than $1 billion, according to a report Monday published by China-based researchers. However, the two countries continue to dominate the worldwide list of “unicorns,” as the highly valued unlisted companies are called.

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