8 'gazelles' demoted to 'cheetahs', 9 out of Hurun Unicorn Index 2023

With the number of start-ups reaching the unicorn level falling drastically in 2023, the Hurun Unicorn Index said it has demoted eight gazelles - start-ups that were founded in 2000 and have the potential to go to unicorn in three years - to cheetahs.

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