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Revealed: World’s 5 most valuable startups

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We bring to you world’s top unicorns based on their recent valuations:

Ant Financial

With a mega valuation of US$150bn, Jack Ma’s Ant Financial is the world’s first and only hectocorn (a startup worth more than US$100bn). Formerly known as AliPay, the technology company was officially founded in October 2014 and follows the mission of “bring the world equal opportunities”.

ByteDance

China’s unicorn ByteDance, literally meaning “Today’s Headlines”, started as a content aggregator and has now evolved into a platform delivering content in formats such as texts, images, question-and-answer posts, microblogs, and videos. The company was valued at $75bn as of August this year.

Uber

San Francisco-based Uber is a peer-to-peer ridesharing, bicycle-sharing, food delivery, and transportation network company with operations in 785 areas worldwide. Despite facing a number of controversies and scandals globally, the group has continued to grow and was recently valued at $48bn.

Didi Chuxing

Formerly known as Didi Kuaidi, tech giant Didi Chuxing is closely behind Uber in ride-sharing business. It is also involved in AI and is a major Chinese ride-sharing and autonomous technology conglomerate in over 400 cities. Valued at US$56bn, Didi is also the only company to have all of China’s three internet giants — Alibaba, Tencent, and Baidu — as its investors.

Airbnb

San Francisco-based Airbnb is a tech company which has revolutionised the way people book accommodation while on holiday or for work. Valued at $38bn, the tech company provides an online marketplace where members can arrange or offer lodging via its websites and mobile apps. While the company does not own any of the real estate listings, it gets a commission from every booking that takes place.




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