7 Top Unicorn Companies Of 2024

Palak

ByteDance 

ByteDance continues its reign as the world's foremost unicorn company for the third year running, boasting a staggering valuation of 1.56 trillion yuan, as reported by Hurun's Global Unicorn Index 2024.

 Stripe

founded in 2010 by two brothers from Ireland, claims the top spot as the largest fintech unicorn in terms of market capitalisation. The company provides APIs facilitating money transfers, and others.

SpaceX

SpaceX Experiences substantial valuation growth according to the latest Hurun Global Unicorn Index 2024, witnessing an increase of $43 billion, following closely behind OpenAI, which saw the highest valuation gain of $80 billion.

Databricks

Databricks emerges as a standout unicorn in the primary market, empowering businesses in data preparation, driving machine learning adoption, and facilitating data-driven decision-making.

Canva

Co-founded by unicorn entrepreneur Melanie Perkins, achieves the milestone of becoming a true unicorn, marked by a valuation and sales exceeding $1 billion.

Shein

An online fashion platform originating from Nanjing in 2008, cements its position as China's most valuable unicorn in the e-commerce and direct-to-consumer sectors.

Xiaohongshu

A Chinese cross-border e-commerce startup secures $300 million in Series D funding led by Alibaba. Known as "Little Red Book," it stands as the world's largest referral database and community e-commerce platform.

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