Hurun Research Institute released the "Global Unicorn Index 2024" today (April 9) in Guangzhou, China, listing the world's unlisted companies founded after 2000 and valued at US$1 billion or more.
According to the list, there are 171 new unicorns in the world, bringing the total number to 1,453. ByteDance remains the world's most valuable unicorn, valued at RMB 1.56 trillion. Fintech, artificial intelligence, blockchain and new energy were the fastest-growing sectors in the past year. Among them, there are 70 unicorns in the Guangdong, Hong Kong and Macao Greater Bay Area, an increase of 7 from last year.
"Over the past year, a new unicorn was born every two days, bringing the total number of known unicorns in the world to a new record of nearly 1,500," said Rupert Hoogewerf, Chairman and Chief Researcher of Hurun Report.
Despite the pressures on economic growth, China has seen more than one new unicorn born every week for the past year," said Hoogewerf.
According to him, when it comes to unicorns, the world can now be divided into three parts: the United States, China and the rest of the world. The U.S. is home to nearly half of the world's known unicorns, mainly in the software services, fintech and artificial intelligence sectors. At the same time, China has a quarter, mainly from AI, semiconductors and new energy. The rest of the world has the other quarter, mainly from fintech and e-commerce.
"FinTech, software services and AI are the three main tracks for unicorns, with AI replacing e-commerce as the top three this year," he added.
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