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China Has 264 Unicorn Firms, US Has 240: Together They Take 80% Of Global Total


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In 2020, China added 46 new unicorn companies. At the end of the year, there were 264 unicorn companies in China, which has surpassed the 240 in the United States, according to Chinese data tracker IT Juzi.
Europe has 61 unicorns, while Asia ex China has 62 unicorns. South American has 9 unicorns, while Africa and the Oceanic has one each.
Other big countries in terms of unicorn companies are the UK, which has 28. India has 29, Germany has 12, and Israel has 11 unicorns.
For Chinese unicorns, tech giants’ presence is unavoidable in this herd of highly valued tech startups. Tencent invested in around 60 unicorns, while Alibaba invested in around 35 unicorns. Baidu and JD.com invested in around 19 and 12 unicorns, respectively. ....

United States , China General , United Kingdom , Ant Group , Cainiao Network , Alibaba Cloud , Duxiaoman Finance , Xiaodu Tech , Didi Chuxing , ஒன்றுபட்டது மாநிலங்களில் , சீனா ஜநரல் , ஒன்றுபட்டது கிஂக்டம் , எறும்பு குழு , அலிபாபா மேகம் ,

Internet Firms Including Alibaba And Tencent Remove Bank Deposit Products


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Since December 18, a number of Internet financial platforms in China have successively removed their internet bank deposit products.
As of now, according to incomplete statistics by Chinese media, there are at least 10 platforms including Alipay, Tencent Licaitong, JD Finance, Duxiaoman Finance, Lufax, Tianxing Finance, Ctrip Finance, Didi, Meituan, and 360 Nicaifu that have removed related products.
Bank deposit products on Internet platforms are traditional bank deposit products but offered via online platforms under an agreement between the bank and the internet platform to match depositors and the financial products. Internet platforms previously thought that they merely offer their platform and traffic to help depositors find products, and therefore perform a matching role and are not offering financial products themselves. ....

Tencent Licaitong , Sun Tianqi , China Internet Finance Forum , Central Bank Financial Stability Bureau , Duxiaoman Finance , Tianxing Finance , Ctrip Finance , Central Bank , Financial Stability Bureau , Didi Finance , சீனா இணையதளம் நிதி மன்றம் , மைய வங்கி நிதி ஸ்திரத்தன்மை பணியகம் , மைய வங்கி , நிதி ஸ்திரத்தன்மை பணியகம் , நானா நிதி ,