The Highest-Valued Startups in the World
According to analyst CB Insights, Chinese AI company Bytedance is the highest-valued startup – currently private, up-and-coming company – in the world. The venture, which is valued at US$75 billion, is running content platform Toutiao in China, which uses machine learning to tailor a newsfeed for each individual viewer out of traditional and new media sources.
The second highest-valued startup according to CB Insights is also from China – ride-hailing service Didi valued at US$56 billion – but U.S companies make up the bulk of the top 10. Juul Labs, WeWork, Airbnb, Space X and Epic Games are all valued at US$15 billion or more. A total of 21 companies in the ranking were valued at US$10 billion or more, making them decacorns. According to CB Insights, there were 395 unicorn startups (companies valued at US$1 billion or more) with a cumulative valuation of US$1.2 trillion in the world as of September 2019.
The list of decacorns also includes Singaporean ride-hailing app Grab, Indian E-commerce platform PayTM, Brazilian fintech provider Nubank and Indonesia’s answer to WeChat, umbrella app Go-Jek.
You may be interested
Coronavirus: Negative record with 453 new cases, 174 in Attica & 6 fatalitiesmakis - Sep 21, 2020
Greece announced today 453 new coronavirus cases of the in the country, of which 195 are associated with known cases…
Turkey issues Navtex with live ammunition south of LesvosPanos - Sep 21, 2020
Turkey issued a new Navtex today south of the Greek island of Lesvos with military exercises involving live ammunition. The…
US Secretary of State Pompeo to visit Greece on September 25Panos - Sep 21, 2020
According to source, US Secretary of State Mike Pompeo is expected to visit Athens from September 25 to 27. The…