Business
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Unicorns Dominates Exits in 2018 Creating Multi-Year High Record
Amid the startup landscape, unicorns are few and far between. Just last year, CB Insights worked out the odds of becoming a unicorn – a company with a valuation exceeding $1 billion or more –…
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Freshworks becomes next unicorn with US$100 million funding led by Sequoia, Accel
This makes it one of India’s few unicorns, and the country’s only unicorn in the enterprise software space.
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China’s bargain shoppers behind Pinduoduo’s US$1.6 billion IPO
Set up by former Google engineer Colin Huang, Pinduoduo which roughly translates to “buy more and more”, is a startup whose business encourages consumers to purchase in group and enjoy a massive discount.
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Introducing China’s Cryptocurrency Unicorns: Bitmain, Ebang, and Canaan Creative
More than 3000 blockchain-themed companies registering their business in the first half of 2018.
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First Coffee Unicorn of China: Luckin Coffee Raises US$200 million to take on Starbucks
The Chinese startup Luckin Coffee had raised a US$200 million GIC-backed round which raised its valuation to US$1 billion.
