According to a newly released study, 470 U.S. investment institutions are investing in the world’s top 500 unicorn companies, the far ahead of the total. At the same time, China’s investment institutions are also strong, followed by. Among the fortunes of the world’s top 500 unicorn companies, the number and valuation of Chinese enterprises are the first.
“If you look closely at China’s unicorn companies, it’s not hard to see that there are U.S. investment institutions behind them. “Chinese Min University, Deputy Director of the China Private Enterprise Research Center, the Global Unicorn Enterprise 500 Strong Association Secretary-General Xie Shujiang said.
Today (18th) in Qingdao, the Global Unicorn Enterprise 500 Conference, Chinese Min University China Private Enterprise Research Center and Beijing Invisible Unicorn Information Technology Institute jointly released the “2019 Global Unicorn Enterprise 500 Development Report.”
As of July 31, 2019, the global Unicorn 500 was valued at $1.93 trillion, surpassing Brazil ,2018,000 ($1.87 trillion) in the world’s top GDP, the report said. The global unicorn enterprise 500 polarization phenomenon is significant, highlighted by regional polarization and valuation polarization.
China and the United States account for 82% of the global licorn eicorn 500. There are 29 super-unicorn companies valued at more than $10 billion, with a total valuation of $949.765 billion, or 49.15% of the global Unicorn 500′ total valuation.
“The Asian era has arrived. The number of unicorn companies in Asia accounts for 51.6 per cent of the world. “There are 258 global unicorn companies in Asia, of which 237 are in China and India, accounting for 91.86 percent of Asia, according to Xie Shujiang. There are 217 of China’s top 500 global unicorn companies, 45 of which are in the top 100, and five of which are in the top 10, ranking first in the world in number and valuation.
The survey found that China’s top 500 global unicorn enterprises in the distribution of the top three for life services, enterprise services and smart technology, respectively, 41, 31, 28, accounting for 18.9%, 14.3%, 12.9%.
“China has fertile soil for the growth and growth of unicorn enterprises. Xie Shujiang analysis said that China’s largest number of global unicorn enterprises, because China has 41 industrial categories, 207 industrial middle class and 666 industrial categories, has formed an independent and complete modern industrial system, is the world’s only in the United Nations industrial classification of all industrial categories of the country. At the same time, China’s capital market is making rapid progress, with nearly 50% of Chinese unicorn companies behind Tencent, Alibaba or Baidu.
In venture capital investment for unicorn companies, China led the world with a record $93.8 billion in the first 10 months of 2018, according to data. The second-largest U.S. venture capital has grossed $91.6 billion since 2018, $2.2 billion less than China. “The total amount of VCs in the rest of the world added up to just $53.4bn, almost half of China’s in the same period.” Xie Shujiang said.
The study also found that China has the largest number of global unicorn companies, which is due to the second largest GDP in the world and the world’s largest purchasing power in 2018. China’s information technology, urbanization, regional integration, innovation and development strategy to promote capital, technology, talent, policy “nuclear fusion response.” China is the second largest in the world in patent filings in 2018, after the United States, and is expected to surpass the United States in 2019.
But Mr. Xie also said that in the healthcare sector, the u.S. has the highest total valuation of the global unicorn 500 countries, with a Colombian company called Samumed with a total valuation of $12billion, firmly at the top of the list. During the same period, Ping An Healthcare Technologies, the highest-valued Chinese company in the same industry, was valued at $8.8 billion.
In terms of the global distribution of unicorns, beijing, San Francisco, Shanghai, New York, Shenzhen, Hangzhou, London and Mountain View account edgtos combined for 54.6% of the world’s total, the concentration effect is obvious.
Xie Shujiang, the study found that these cities have some common characteristics: entrepreneurial services developed, have a good innovation atmosphere and entrepreneurial environment, easy access to and use of rich financial resources, especially venture capital, with the world’s top universities and research institutions, easy to expand the market or its own market capacity is large Has a sound industrial chain support, high degree of economic development, strong government support, with a sound mechanism of innovation and ecological circle.