One-third of unicorns minted this year are Asian, China leads the region

This year 21 new firms have entered the unicorn club — venture-backed firms valued at over $1 billion — and one-third of these freshly minted firms hail from Asia.

In fact, China bears the Asian flag with six out of seven Asian firms in the new comers list for this year. Also, this is just half of what the US has minted this year with 12 new firms in the unicorn list, according to CB Insights data released last week.

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