Business
ByteDance is the world's top unicorn firm for the third consecutive year, with 1.56 trillion yuan, according to Hurun's Global Unicorn Index 2024.
According to the most recent Hurun Global Unicorn Index 2024, OpenAI witnessed the highest valuation gain of $80 billion, followed by SpaceX, which increased by $43 billion.
OpenAI's worth soared to $100 billion due to its revolutionary AI applications. Unicorns have spread over 53 countries and 291 cities.
Chinese cross-border e-commerce startup Xiaohongshu secured $300 million in Series D funding. "Xiao Hong Shu" is the world's largest referrals database platform.
Shein, an online fashion platform created in Nanjing in 2008, is the most valuable e-commerce and direct-to-consumer unicorn in China.
Melanie Perkins, a unicorn entrepreneur, co-founded Canva and grew it into a "real" unicorn, a firm with a valuation and sales of more than $1 billion.
Databricks is now a primary market unicorn. It assists firms in preparing data for analysis, promoting the adoption of machine learning, and enabling data-driven decision-making.
Stripe, founded in 2010 by 2 pioneering Irish brothers, has been named the largest fintech unicorn by market capitalization. The company offers APIs for money transfers.