Saturday, October 24, 2020
Tags Chinese unicorns

Tag: Chinese unicorns

Ant Group and ByteDance Top 2020 List of Global Unicorns

Chinese companies account for the majority of the top ten entries on the Hurun Report's latest list of private unicorn firms valued...

Tencent’s Stable of Unicorns Reaches 160 Investments for 30% Rise in 2019

Chinese tech giant Tencent Holdings has made investments in 160 companies that have gone on to become unicorns worth over USD$1 billion....

Ant Financial to Launch Billion Dollar Fund for Indian and Southeast-Asian Unicorns

Fintech giant Ant Financial plans to launch a new fund to pursue investments in unicorn companies in India and South-east Asia.

China Leads the World in Tech Unicorns, Sequoia and Tencent Biggest Investors

China is currently host to the world's largest number of private tech companies valued at over USD$1 billion according to a new...

China the World’s Second Biggest Producer of Unicorn Start-ups

China has emerged as the country with the world's second largest number of privately held"unicorn" start-ups that are valued at over USD$1...

83% of Chinese Unicorns See more than 50% Rise in Enterprise Revenues: PwC

A new report on China's unicorn points to surging growth in revenues and the heavy representation of fintech and e-commerce.

China Host to World’s Most Valuable Fintech Unicorns

A new data report says China is currently home to the world's most valuable group of unicorns in the global fintech sector. The report produced...

Six New Funds Will Use Chinese Depository Receipts to Invest in Unicorns

Six publicly offered funds that will use Chinese Depository Receipts (CDR) to focus specifically on unicorn companies valued at over USD$1 billion are on...

Half of Investment Funds that Chase Unicorns Sustain Losses

Around 50% of Chinese investment funds that provide retail investors with a key channel for betting on recently listed "unicorn" companies have posted losses...

China’s Unicorns Concentrated in Four Cities: Ren Zeping

A new report says that China's unicorn start-ups are primarily concentrated in the four cities of Beijing, Hangzhou, Shanghai and Shenzhen, and primarily dependent...

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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...