As of 2023, there were 340 unicorns headquartered in China, which accounted for two thirds of all unicorns in Asia-Pacific. The second country in the ranking was India, which was home to 67 unicorns.
Number of unicorns in selected countries in the Asia-Pacific region as of 2023
A unicorn company is a privately owned startup that has a current valuation of one billion U.S. dollars or over. Once a company has gone public (IPO) or has been acquired it is no longer termed as a unicorn. All published figures are best estimations based on latest publications of sources. Figures are correct as of April 2021. Figures and valuations are rounded as some company valuations have not externally verified and are self-published. Latest valuations used. As multiple sources were used and valuations vary between sources, the most recent valuation was used. Where valuations differed but the reporting date was the same, mean averages were used. Industries were assigned by the sources. Where companies crossed industries, the major category was used as determined by the source. Where companies have multiple countries listed the country of headquarters has been used.
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Hurun Research Institute. (April 9, 2024). Number of unicorns in selected countries in the Asia-Pacific region as of 2023 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1093158/number-of-unicorns-in-the-asia-pacific-region-by-country/
Hurun Research Institute. "Number of unicorns in selected countries in the Asia-Pacific region as of 2023." Chart. April 9, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1093158/number-of-unicorns-in-the-asia-pacific-region-by-country/
Hurun Research Institute. (2024). Number of unicorns in selected countries in the Asia-Pacific region as of 2023. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1093158/number-of-unicorns-in-the-asia-pacific-region-by-country/
Hurun Research Institute. "Number of Unicorns in Selected Countries in The Asia-pacific Region as of 2023." Statista, Statista Inc., 9 Apr 2024, https://www.statista.com/statistics/1093158/number-of-unicorns-in-the-asia-pacific-region-by-country/
Hurun Research Institute, Number of unicorns in selected countries in the Asia-Pacific region as of 2023 Statista, https://www.statista.com/statistics/1093158/number-of-unicorns-in-the-asia-pacific-region-by-country/ (last visited December 30, 2024)
Number of unicorns in selected countries in the Asia-Pacific region as of 2023 [Graph], Hurun Research Institute, April 9, 2024. [Online]. Available: https://www.statista.com/statistics/1093158/number-of-unicorns-in-the-asia-pacific-region-by-country/