Top 10 most successful businesses to start Revealing the world’s most successful startups
Revealing the world’s most successful startups Top 10 most successful businesses to start
- There are 1,058 unicorn companies in the world, an increase of 80% from last year ( 472 )
- The United States ranked first with 487 companies, 254 more than last year ; China ranked second with 301 companies, 74 more than last year . The United States and China account for 74% of the world’s unicorns
- India surpassed the UK and ranked third with 54 companies, an increase of 33 from last year ; the UK ranked fourth with 39 companies, an increase of 15 from last year.
- The valuation of ByteDance, the parent company of Douyin, increased by 1.7 trillion yuan to 2.3 trillion yuan, surpassing Ant Group and becoming the world’s largest unicorn; Ant Group ranked second with a valuation of 1 trillion yuan.
- The valuation of Elon Musk ‘s SpaceX increased by 400 billion yuan to 640 billion yuan, ranking up two places to third, becoming the largest unicorn in the United States.
United States and 146 from China
673 unicorns were newly added to the list, including 347 from the United States and 146 from China . New unicorns on the list include Yuanqi Forest (valued at 95 billion yuan), Didi Freight (valued at 65 billion yuan) and Weilong (valued at 60 billion yuan), etc.
201 last year’s unicorns have exited the list. 28% ( 162 ) of the unicorns on last year’s list have been “upgraded” – either listed or acquired. Among them, Xpeng Motors is the best-performing “former unicorn” since its listing, with a current market value of 300 billion yuan . Nearly tripled on the first day of listing. 7% ( 39 companies) were “downgraded” – their valuation fell below US$ 1 billion
New to the top ten: Klarna , a financial technology company headquartered in Stockholm, Sweden, has a valuation increase of 260 billion yuan to 300 billion yuan, C anva , an online graphic design service provider headquartered in Sydney, Australia, has a valuation growth of 240 billion yuan to 260 billion yuan, and a grocery store headquartered in San Francisco The valuation of delivery platform Instacart increased by 190 billion yuan to 250 billion yuan, the valuation of databricks , an artificial- intelligence data company headquartered in San Francisco, increased by 200 billion yuan to 240 billion yuan , and the valuation of Revolut, a digital bank headquartered in London, increased by 170 billion yuan to 210 billion yuan .
Three Chinese unicorns rank among the top ten in the world. Cainiao Network’s valuation increased by 45 billion yuan to 220 billion yuan, maintaining its ninth position.
San Francisco
San Francisco has become the city with the highest concentration of unicorns in the world, with an increase of 83 from last year to 151 ; Beijing ranks second with 91 ; New York ranks third, with an increase of 52 to 85 ; Shanghai increases by 24 to 71 . Fourth; Shenzhen remains fifth with 32 companies. Six of the top ten cities with the most unicorns are in China and the United States
17% ( 51 ) of China ’s unicorns are headquartered in the Guangdong-Hong Kong-Macao Greater Bay Area, of which 10 are in Guangzhou, an increase of 2 from last year , including clothing cross-border e-commerce S hein and Xiaopeng Motors’ flying car research and development company Xiaopeng Motors Peng Huitian et al.
There are 42 countries with at least one unicorn, up from 25 two years ago . Thirteen countries including Mexico, the Netherlands, the Bahamas, Belgium, Chile, the Czech Republic, Denmark, Norway, Senegal, Thailand, Turkey, the United Arab Emirates and Vietnam have unicorns on the list for the first time this year, while Italy, Russia, Saudi Arabia and Poland have The world’s largest GDP country is among the 160 countries without unicorns
Business management
Business management, financial services and retail industries are most affected by unicorns, followed by healthcare, logistics, cybersecurity, transportation and consumer electronics industries
The financial technology industry leads the way with 139 unicorn companies, followed by software services with 134 and e-commerce with 122. Others include artificial intelligence ( 84 ), health technology (80 ), cybersecurity ( 40 ) and biotechnology ( 31 ).
Sequoia became the world’s most successful unicorn investor for the second consecutive year, investing in one-fifth of the world’s unicorns. Tiger Management surpassed SoftBank to become second. The top three investment institutions have invested in a total of 500 unicorns,- accounting for about half of the global total. Sequoia China is the investment institution that has captured the most Chinese unicorns, followed by Hillhouse, IDG Capital, Tencent and CICC. Others include Qiming Venture Partners, GGV Capital, Shunwei Capital, Zhen Fund, Today Capital, Becoming Capital and CMC Capital, etc.
equivalent to being founded in 2013
- The average age is 8 years old, equivalent to being founded in 2013 . 68 were established within 3 years
- 50 unicorns were incubated by parent companies, 49 of which belong to China. Alibaba has hatched the most unicorns, with 5 , followed by JD.com and Baidu, with 3 each .
- 24 overseas unicorns have Chinese co-founders, led by Binance, a digital currency trading platform valued at 95 billion, whose Chinese co-founder Zhao Changpeng was born in Jiangsu, followed by Airtable , an American enterprise software company valued at 77 billion , whose The Chinese co-founder is Howie Liu , and again it is Nuro , an American self-driving car company valued at 55 billion . Its Chinese co-founder is Zhu Jiajun
- The total value of the unicorn companies on the list is 23.7 trillion yuan
Hurun Research Institute
(December 20, 2021, Guangzhou, China/Mumbai, India) Hurun Research Institute, together with the Guangzhou Municipal Commerce Bureau and Guangzhou High-tech Zone, jointly released the “Global Unicorn Index 2021” (Global Unicorn Index 2021), which lists the global Unicorn Index 2021. After 2000, unlisted companies worth more than US$1 billion. The deadline for calculating the valuation of this list is November 30, 2021.
Hurun Research Institute has been tracking and recording Chinese unicorn companies since 2017, and has been tracking and recording global unicorn companies since 2019. This is the third time that Hurun Research Institute has released a global unicorn list. This report also includes the “Top 100 Global Unicorn Investment Institutions in 2021” and the “Top 30 Chinese Unicorn Investment Institutions in 2021”. In March 2022,
Hurun Report will also jointly organize the “Global Unicorn CEO Forum” with the Guangzhou Municipal Commerce Bureau and Guangzhou High-tech Zone to launch a three-year cooperation and invite global unicorn companies to participate in the Guangdong-Hong Kong-Macao Greater Bay Area.
jointly discuss the use of new technologies and new tracks for innovation and entrepreneurship in Guangzhou, and touch the pulse of new economic development.
Hurun Research Institute found that there are 1,058
Hurun Research Institute found that there are 1,058 unicorn companies in the world, distributed in 42 countries and 221 cities. On average, these companies were founded eight years ago, in 2013. 81% sell software and services, and only 19% sell physical products. 53% are direct-to-consumer, and 47% are B2B companies. The industries most affected by unicorns are business management, financial services and retail. The total value of the unicorn companies on the list is 23.7 trillion yuan, equivalent to the GDP of Germany.
673 new unicorns were added to the list. 201 last year’s unicorns have exited the list. 28% (162) of the unicorns on last year’s list were “upgraded” – either listed or acquired, and 7% (39) were “downgraded” – with their valuation falling below US$1 billion. The valuations of 175 unicorn companies increased and 13 declined.
Unicorn companies have an average of 2 co-founders
The average age of unicorn founders is 44, meaning they founded the company when they were 36. Unicorn companies have an average of 2 co-founders. One-third are serial entrepreneurs who have sold previous startups. 40% of co-founders met at their previous job, and one in eight met at university
. Computer science and business are the most common majors. One in five unicorns has at least one co-founder from outside their home country. The United States, and Silicon Valley in particular, attracts the most unicorn co-founders from overseas, followed by Europe. The largest number of immigrant unicorn founders come from India, followed by China, Israel and Russia.
Hurun Report, Chairman and Chief Research Officer of Hurun Report, said: “2021 is a world-class year for entrepreneurship. The number of unicorns worldwide has reached more than 1,000, almost double last year, mainly because of the number of unicorns in the United States. surge.”
Hurun Report’s Guangdong-Hong Kong-Macao
“We are very happy to launch our global unicorn list in Guangzhou, the Greater Bay Area. We are also very happy that Hurun Report’s Guangdong-Hong Kong-Macao Greater Bay Area headquarters and global unicorn base can sign a contract to settle in the Guangzhou High-tech Zone.
Because of the great The Bay Area is the region with the highest level of market economy and the most active market economy in China. As the core city of the Greater Bay Area, Guangzhou has outstanding comprehensive advantages and the lowest overall cost of doing business and entrepreneurship among first-tier cities. Guangzhou has the ability to cultivate unicorns and is suitable for the growth of unicorns
. environment. At the same time, we are also looking forward to the ‘Global Unicorn CEO Forum’ jointly organized by us, the Guangzhou Municipal Commerce Bureau and the Guangzhou High-tech Zone in March next year. We will invite leaders of global unicorn companies to discuss the use of new technologies and new technologies. Track innovation and entrepreneurship.”
