- The Global Unicorn List 2019 has been released by the Hurun Research Institute. This list ranks unicorns across the world. A “Unicorn” is a tech-startup founded in the 2000s and which has a valuation of US$1bn but has not yet been listed on a public exchange.
- The list has included unicorns upto a cutoff date of 30 June 2019 and any company which became unicorn after the cutoff date has not been included in the list like Lightricks, Monday.com, DataRobot, MoneyLion and Flixbus.
- This is the first year of the Global Unicorn List 2019.
Global Findings
- According to the Global Unicorn List 2019, there are 494 unicorns in the world which are based in 24 countries and 118 cities.
- These unicorns which were set up seven years ago on average are worth US$3.4bn on average and US$1.7tn in total.
- China is the top country on the list with 206 unicorns.
- USA is placed second on the list and has 203 unicorns.
- China and USA together account for over 80% of the world’s unicorns.
- USA is followed by India and the UK to rank third and fourth respectively on the list.
- Beijing is the world’s unicorn capital with 82 unicorns. It is followed by San Francisco with 55 unicorns.
- E-commerce sector had the largest number of unicorns and E-commerce & Fintech sector make up 31% of the world’s unicorns.
- Fintech is followed by cloud and AI sectors.
Top 5 Countries According to Unicorns
| Rank | Country | Number of Unicorns |
|---|---|---|
| 1 | China | 206 |
| 2 | USA | 203 |
| 3 | India | 21 |
| 4 | UK | 13 |
| 5 | Germany | 7 |
Top 10 Unicorns in the World
This is the list of top 10 unicorns in the world along with their valuation.| Rank | Unicorn | Valuation | Headquarters |
|---|---|---|---|
| 1 | Ant Financial | 150 US$ billion | Hangzhou, China |
| 2 | ByteDance | 75 US$ billion | Beijing, China |
| 3 | Didi Chuxing | 55 US$ billion | Beijing, China |
| 4 | Infor | 50 US$ billion | New York City, USA |
| 5 | JUUL Labs | 48 US$ billion | San Francisco, USA |
Top 5 Industries of Unicorn
Top 5 industries according to the number of unicorns are-
| S.no | Industry | No. of Unicorns | Percentage of total Value | Top Companies |
|---|---|---|---|---|
| 1 | E-commerce | 68 | 9% | Amazon, Coupang, Wish, CARS |
| 2 | FinTech | 56 | 22% | Ant Financial, Lufax, Stripe |
| 3 | Cloud | 44 | 7% | Infor, Samsara Networks, Canva, Confluent and Rubrik |
| 4 | Artificial Intelligence | 40 | 5% | Argo AI, UiPath, SenseTime, Megvii |
| 5 | Logistics | 34 | 6% | Cainiao, DoorDash, JD Logistics, Go-Jek |
India Specific Findings
- India has been ranked third on the Global Unicorn List 2019.
- India has a total of 21 unicorns.
- Bangalore is the city with the highest number of unicorns in India. It has been ranked 9th city in the world according to unicorns.
Top Unicorns of India are-
- Payments solutions platform One97 Communications ($10 billion)
- Cab aggregator Ola Cabs ($6 billion)
- Online educator Byju’s ($6 billion)
- Travel-stay finder OYO Rooms ($5 billion).
Questions
Q: 1. Which country has topped the Global Unicorn List 2019?1. USA
2. UK
3. China
4. India
5. Germany
Answer- 3
Explanation- China is the top country in the Global Unicorn list with 206 unicorns.
Q: 2. According to Global Unicorn List 2019, how many unicorns are in the world?
1. 400
2. 364
3. 500
4. 494
5. 276
Answer- 4
Explanation- According to the Global Unicorn List 2019, there are 494 unicorns in the world which are based in 24 countries and 118 cities.
Q: 3. What is the rank of India in the Global Unicorn List 2019?
1. 2nd
2. 4th
3. 5th
4. 6th
5. 3rd
Answer- 5
Explanation- India has been ranked third on the Global Unicorn List 2019 with 21 unicorns.
