Ministry of Science and Technology released 164 unicorn companies: 11 cloud services/big data, 9 AI/smart hardware

This morning, the Torch Center of the Ministry of Science and Technology, Zhongguancun Management Committee, Great Wall Strategic Consulting, and Zhongguancun Bank jointly hosted the "2017 China Unicorn Enterprise Development Report" conference.

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According to the "2017 China Unicorn Enterprise Development Report":  In 2017, there were 164 Chinese unicorn enterprises, 62 new ones, with a total valuation of 628.4 billion US dollars.


The cloud service companies included in the list are:

 

  • Alibaba Cloud, valuation: $39 billion

  • Tencent Cloud, valuation: $3.3 billion

  • Kingsoft Cloud, Valuation: $2.12 billion

  • UCloud, valuation: $1.5 billion

  • Baiwangyun, Valuation: $1.12 billion

  • Qiniuyun, valuation: $1 billion

  • Tengyun Tianxia (big data), valued at $1 billion

  • Geo (big data), valued at $1 billion

  • QingCloud, valued at $1 billion

  • Tongdun Technology (big data), valued at $1 billion

  • Huayun Data, valued at $1 billion

 

AI companies include:

 

  • Xiaomi (smart hardware), $46 billion

  • UBTECH, Valuation: $4 billion

  • Royole, valuation: $3 billion

  • Face++ (Megvii Technology), valued at $2.5 billion

  • SenseTime, valued at $2.5 billion

  • Yitu Technology, valued at $1 billion

  • Go out and ask, valued at $1 billion

  • Smartmi Technology, valued at $1 billion

  • Cambrian Technology, valued at $1 billion

 

The list is as follows-


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The report shows


Nine unicorns graduated from IPOs in 2017 :


  • ZhongAn Insurance

  • IReader Palm Reading Technology

  • Fun installment

  • Yixin Finance

  • Rong 360

  • Reading Group

  • Paipai Loan

  • installment music

  • Qisi Technology


Among them , 6 Internet financial unicorns are listed, accounting for a large proportion.


The Chinese unicorn enterprise standards identified in this list are:


① Enterprises with legal personality registered in China;

②The establishment time is not more than ten years (established in 2007 and after);

③ It has obtained private equity investment and has not yet been listed;

④Those who meet the conditions ①②③, and whose business valuation exceeds (inclusive) US$1 billion are called unicorns;

⑤ Those who meet the conditions ①②③ and whose business valuation exceeds (inclusive) US$10 billion are called super unicorns. (The valuation is based on the latest round of financing before December 31, 2017)

 

Through the independent declaration of enterprises, public data collection, recommendation of key high-tech zones, screening of the Great Wall strategic consulting database, and data support from third-party institutions, the data of candidate enterprises were aggregated, and 164 unicorn enterprises that met the standards were selected after review.


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Article source: cloud headlines

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