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CEOWORLD magazine - Latest - Stats Gate - Countries and cities with the highest number of unicorn companies, 2019

Stats Gate

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

Prof. Dr. Amarendra Bhushan DhirajProf. Dr. Amarendra Bhushan DhirajStats Gate

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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CEOWORLD magazine - Latest - Stats Gate - Countries and cities with the highest number of unicorn companies, 2019
Prof. Dr. Amarendra Bhushan Dhiraj

Prof. Dr. Amarendra Bhushan Dhiraj

Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.

Prof. Dr. Amarendra Bhushan Dhiraj is CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.
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