KrASIA Report: Exploring the Role of Unicorn Startups in the Chinese Market

Undeniably, unicorn become one of the main drivers of digital business in many countries. The impact is able to move many real sectors, involving users or partners from various circles.

Talking about global digital business, developments in China are often used as a direction for industry players. The business approaches and innovations that are being rolled out are widely used as examples by various startups in other countries.

In order to see the extent of the development of the digital ecosystem that is formed, KRASIA released a report titled "China Market Intel: A deep dive into China's Top 100 Unicorns". According to the summarized data, there are currently at least 586 unicorn spread over 29 countries, then 34,8% of them from China.

The report specifically reviews several case studies unicorn the most significant, entered into the top 100 unicorn globally, including:

1. ByteDance
2. DiDi Chuxing
3. yuanfudao
4. SenseTime
5. Perfect Diary

It also discusses aspects of business strength, business travel, business models, investors, and business leaders who are involved in supporting them. For more details, download the report via the following link: China Market Intel.

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Disclosure: KRASIA in collaboration with DS/innovate to distribute this report.