2017’s Top 20 Unicorn List
Uber, the US online transportation (ride hailing) start up, retains the top spot in the 2017 Top 20 Unicorn List, as published by CB Insights. Since its launch in 2011, Uber has grown rapidly to become an international businesses operating in 450 cities worldwide. This strong growth looks set to continue in 2017.
Similar ride hailing businesses, such as Didi Chuxing and Lyft, are also highly ranked in the list. Also featured are a variety of “hard” and “soft” service businesses. SpaceX is gathering attention as the space transport startup founded by Tesla CEO, Elon Musk.
The list is dominated by companies from the US and China, but India has also made the list. However, from Europe, there is only one company each from Britain and Sweden, neither of which are well represented in terms of corporate value. Two Korean companies have made it in the top 50 – Coupang and Yello Mobile – but no companies from Japan.
CB Insights updates Top 50 list of high value unicorn businesses in real time. The total number of unicorns tracked by CB insights as of January 1, 2017 is 183. Their cumulative value is reported to be US$652 bil.
Here are the top 20 unicorn companies according to its valuation and industry
1. Uber: US$68 bil, on-demand ride hailing
2. Xiaomi: US$46 bil, China hardware
3. Didi Chuxing: US$33.8 bil, China on-demand ride hailing
4. Airbnb: US$30 bil, US e-commerce/marketplace
5. Palantir Technologies: US$20 bil, US big data
6. Lu.com: US$18.5bil, China fintech
7. China Internet Plus Holding: US$18 bil, China e-commerce/marketplace
7. Snapchat: US$18 bil, US social app
8. WeWork: US$16.9bil, US facilities
9. Flipkart: US$16bil, India e-commerce/marketplace
10. SpaceX: US$12 bil, US other transportation
11. Pinterest: US$11 bil, US social app
12. Dropbox: US$10 bil, USt Internet software & services
12. Infor: US$10.0bil, US Internet software & services
12. DJI Innovations: US$10 bil, China hardware
13. Stripe: US$9.2bil, US fintech
14. Spotify: US$8.5 bil, Sweden Internet software & services
15. Zhong An Insurance: US$8 bil, China fintech
16. Snapdeal: US$7 bil, India e-commerce/marketplace
17: Lianjia: US$6.2 bil, China e-commerce/marketplace
18. Global Switch: US$6 bil, UK computer hardware & services
19. Lyft: US$5.5 bil, US on-demand ride-hailing
19. Intarcia Therapeutics: US$5.5 bil, US healthcare
20. Olacabs: US$5.0 bil, India on-demand ride-hailing