China's internet industry has given birth to 113 unicorns in 2018, 47.8% of which are based in Beijing. 15.9% of them provided company services.
As of December 2018, China's internet industry has given birth to 113 unicorns (all private internet companies valued at US$1 billion or more). Among them, 47.8% were in Beijing. Unicorns in Beijing, Shanghai, Guangdong, and Zhejiang accounted for 92.1% of the total.
Internet-based company services made up the biggest category of inter...
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