Unstoppable rise of Chinese unicorn

July 26, 2017

BEIJING — Unicorns, previously known only to exist in myth or Silicon Valley, are quietly multiplying in China. According to a report by China’s Ministry of Science and Technology and the Great Wall Enterprise Institute (GEI), China was home to 131 unicorns at the end of last year, almost double the number one year before. Unicorns…

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