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Tuesday, October 27, 2020

Stats Gate

Countries and cities with the highest number of unicorn companies, 2019

Unsurprisingly, China has overtaken the United States for having the largest number of privately-held startup companies valued at $1 billion or more — dubbed “unicorn.”

China has 206 unicorn startups compared with 203 for the United States, according to the inaugural Hurun Unicorn list for 2019. Together accounting for over 80 percent of the world’s unicorn

India was third with 21 unicorns, led by payments solutions platform One97 Communications ($10billion billion), cab aggregator Ola Cabs ($6 billion), online educator Byju’s ($6 billion), and travel-stay finder OYO Rooms ($5 billion).

The United Kingdom was fourth with 13, led by health and beauty online retailing platform The Hut Group ($5 billion). Interestingly, the United Kingdom has more unicorns than Germany and France combined.

It was only 6 years ago that venture capitalist Aileen Lee coined the term “unicorn” to describe any privately-held startup worth $1 billion or more. In total, the firm said there were 494 unicorns located in 118 cities in 24 countries with a combined value of $1.67 trillion.

Countries with the highest number of unicorn companies, 2019

  1. China: 206
  2. USA: 203
  3. India: 21
  4. UK: 13
  5. Germany: 7
  6. Israel: 7
  7. South Korea: 6
  8. Indonesia: 4
  9. France: 4
  10. Brazil: 4
  11. Switzerland: 3
  12. Sweden: 2
  13. Japan: 2
  14. Singapore: 2
  15. Spain: 1
  16. Australia: 1
  17. Colombia: 1
  18. Ireland: 1
  19. Finland: 1
  20. Argentina: 1
  21. Malta: 1
  22. Philippines: 1
  23. Estonia: 1
  24. Luxembourg: 1

Countries with the highest number of unicorn companies, 2019

Cities with the highest number of unicorn companies, 2019

  1. Beijing: 82
  2. San Francisco: 55
  3. Shanghai: 47
  4. New York: 25
  5. Hangzhou: 19
  6. Shenzhen: 18
  7. Nanjing: 12
  8. Palo Alto: 10
  9. Bengaluru: 9
  10. Redwood City: 9
  11. London: 9
  12. Guangzhou: 8
  13. Boston: 8
  14. Gurgaon: 7
  15. Mountain View: 6
  16. Sunnyvale: 5
  17. Seoul: 5
  18. Sao Paulo: 4
  19. Jakarta: 4
  20. San Diego: 4
  21. Atlanta: 4
  22. Santa Monica: 4
  23. Paris: 4
  24. Berlin: 4
  25. Chengdu: 4
  26. Hong Kong: 4
  27. Chicago: 4

Cities with the highest number of unicorn companies, 2019


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Dr. Amarendra Bhushan Dhiraj
CEO and editorial director of the CEOWORLD magazine, an extensively kudized author, noted journalist, syndicated columnist, and ostensible entrepreneur. Follow him on Twitter, Facebook or connect on LinkedIn.