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Top 15: Fastest Countries in the World to Create Unicorn

Top 15: Fastest Countries in the World to Create Unicorn

Singapore is among the top countries in the world for unicorn startups, with six businesses valued at over US$1 billion. It also took the Republic's unicorn businesses an average of six years and 11 months to reach a US$1 billion valuation.

Singapore is fourth in the global ranking compiled by UK price comparison website Money.co.uk. It shares the spot with the United States and Australia, with 378 and six unicorn companies respectively, and also with a six-year-11-month average for unicorn businesses to reach US$1 billion in valuation.

The top country for unicorn startups was China, which produced 155 unicorn companies that took an average of five years and 10 months to reach US$1 billion valuations. This was followed by Hong Kong with five unicorn companies and an average of six years and one month.

Keterangan Gambar (© Pemilik Gambar)

When it comes to producing the most unicorn businesses, the US took the top spot, followed by China and India (34 unicorn companies).

The top-performing sector when it comes to average years taken to reach US$1 billion valuation was auto and transportation - which produced 31 unicorn companies that took an average of four years and five months.

Fintech produced the most unicorns at 131 companies, followed by e-commerce and direct-to-consumer companies, which produced 82 companies.

Money.co.uk sourced its list of unicorn companies from cbinsights.com. These were any privately owned companies valued at over US$1 billion. Any country with fewer than five startups was excluded from the study.

 

Akhyari Hananto

I began my career in the banking industry in 1997, and stayed approx 6 years in it. This industry boost his knowledge about the economic condition in Indonesia, both macro and micro, and how to More understand it. My banking career continued in Yogyakarta when I joined in a program funded by the Asian Development Bank (ADB),as the coordinator for a program aimed to help improve the quality of learning and teaching process in private universities in Yogyakarta. When the earthquake stroke Yogyakarta, I chose to join an international NGO working in the area of ?disaster response and management, which allows me to help rebuild the city, as well as other disaster-stricken area in Indonesia. I went on to become the coordinator for emergency response in the Asia Pacific region. Then I was assigned for 1 year in Cambodia, as a country coordinator mostly to deliver developmental programs (water and sanitation, education, livelihood). In 2009, he continued his career as a protocol and HR officer at the U.S. Consulate General in Surabaya, and two years later I joined the Political and Economic Section until now, where i have to deal with extensive range of people and government officials, as well as private and government institution troughout eastern Indonesia. I am the founder and Editor-in-Chief in Good News From Indonesia (GNFI), a growing and influential social media movement, and was selected as one of The Most Influential Netizen 2011 by The Marketeers magazine. I also wrote a book on "Fundamentals of Disaster Management in 2007"?, "Good News From Indonesia : Beragam Prestasi Anak Bangsa di dunia"? which was luanched in August 2013, and "Indonesia Bersyukur"? which is launched in Sept 2013. In 2014, 3 books were released in which i was one of the writer; "Indonesia Pelangi Dunia"?, "Indonesia The Untold Stories"? and "Growing! Meretas Jalan Kejayaan" I give lectures to students in lectures nationwide, sharing on full range of issues, from economy, to diplomacy Less
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