SHENZHEN, China, June 25, 2018 /PRNewswire/ -- Qheedata AIEV, based on Qheedata AIEV real-time equity valuation system, has released China's latest Unicorn enterprise valuation rankings. According to Qheedata AIEV, as of June 2018, China's online payment Fintech Ant Financial is ranked first with the equity valuation of $145.5 Billion.
Based on Qheedata AIEV's real-time equity valuation system, since 2012, the number of innovative Chinese enterprises has been growing at a high speed. By 2017, the annual growth rate of innovative enterprises was 18%, exceeding other major economies of the world. At the same time, China's global investment has grown rapidly, providing an environment for the development of the innovative economy.
Qheedata AIEV recently released the Top 10 China Unicorns valuation rankings. China online payment Fintech Ant Financial is ranked first, with its equity valuation at $145.5 billion and smart phone maker Xiaomi ranked second with $66.62 billion equity valuation and third is fintech LU.com with equity valuation at $46 billion.
Top 10 China Unicorns
Company |
Qheedata AIEV valuation |
Sector |
Location |
|
1. |
Ant Financial |
$145.5 billion |
Fintech |
Hangzhou |
2. |
Xiaomi Inc. |
$66.62 billion |
Telecom |
Beijing |
3. |
LU.com |
$46 billion |
Fintech |
Shanghai |
4. |
China Internet Plus |
$34.88 billion |
Food online service |
Beijing |
5. |
Ali Cloud |
$28.64 billion |
AI |
Hangzhou |
6. |
JD Finance |
$25.76 billion |
Fintech |
Beijing |
7. |
Toutiao |
$24.47 billion |
New Media |
Beijing |
8. |
CaiNiao network |
$20.68 billion |
Logistics |
Shenzhen |
9. |
DJI Innovations |
$18.56 billion |
UAV autopilot |
Shenzhen |
10. |
Kuaishou |
$17.72 billion |
Video social network |
Beijing |
According to the data, the Top10 China Unicorns are Ant Financial, Xiaomi Inc., LU.com, China Internet Plus, Ali Cloud, JD Finance, Toutiao, CaiNiao network, DJI Innovations, Kuaishou video social network.
In the Top 10 Unicorn rankings, the sectors of innovative enterprises are still dominated by popular technologies, mainly in financial technology, telecommunications, consumption network, artificial intelligence AI, new media, social networks, logistics and warehousing and other hot industries.
Enterprise sectors: Fintech accounts for a relatively large proportion, accounting for 33%, namely, Ant Financial, LU.com and JD Finance. It indicates that Fintech has made great achievements in financial application in China. The per capita income of Chinese residents has steadily increased over the last 20 years, which brings a strong desire for financial investment. With the quick and wide spread adoption of mobile phone applications, Fintech offers convenience for the public, and it makes personal mobile financial management a new way of life in China.
Enterprise location: The top 10 Unicorn headquarters are in big cities like Beijing, Shanghai, Shenzhen, and Hangzhou. The analysis holds that the innovative companies enjoy a better investment environment in the first-tier cities and are able to obtain financial support. However, with personal income increasing in the second and third-tier cities, companies are more open to develop in second- and third-tier cities. First-tier cities attract together a large number of scientific and technological talents, and consumers in the big cities are more receptive to new technologies and new products.
Investment Layout: The majority of the top 10 innovative enterprises are still financially supported by a few old major brands enterprises such as Ali group and Tencent Holdings Limited, showing their strategic investment in new technology and enterprises.
Qheedata AIEV will release China's Top 700 Innovative Enterprises and Top 50 Leading Chinese Investment Institutes on June 30, 2018 at the global release of the "White Paper of China's New Economy 2018" in Shenzhen, China. Get the lists and more information and data analysis about China new economy, please scan the following Wechat account, or log on the www.Qheedata.com.
Get the lists and more information and data analysis about China's new economy, please scan the following WeChat account
About Qheedata AIEV Co. Ltd
Qheedata AI Equity Valuation© (AIEV) is a financial data analysis system and software Fintech solution company, located in Shenzhen, China, serving global clients worldwide. We innovate the world's first instant real-time online equity valuation model AIEV system. We provide professionals, investors, banks, investing banks, organizations, research institutes and governments with the most current financial data valuation on public and private companies and equity, to help them make a better decision on investment and risk control.
Our partners include: Shanghai Pudong Development Bank, China Merchants Bank, Ping An Bank, Beijing Bank, Hangzhou Bank, Ningbo Bank; Qianhai Equity Exchange Center, Jiangxi Joint Equity Trading Center, Xiamen Cross-Strait Equity Trading Center, Tianfu (Sichuan) Joint Equity Trading Center, Sequoia Capital, IDG, Qianhai Funds, Qianhai Angel Fund, Qheedata Merger; Baidu Inc, Ant Financial Service, Liepin.com and Qixin.com.
Qheedata AI Equity Valuation©
Domestic: 400-930-1978
International: +86-755-2665-7163
Web: www.qheedata.com
Email: xiry@qheedata.com
View original content with multimedia:http://www.prnewswire.com/news-releases/qheedata-aiev-releases-top-10-china-unicorns-300671352.html