The Highest-Valued Startups in the World


The Highest-Valued Startups in the World

According to analyst CB Insights, Chinese AI company Bytedance is the highest-valued startup – currently private, up-and-coming company – in the world. The venture, which is valued at $75 billion, is running content platform Toutiao in China, which uses machine learning to tailor a newsfeed for each individual viewer out of traditional and new media sources.The second highest-valued startup according to CB Insights is also from China – ride-hailing service Didi valued at $56 billion – but U.S companies make up the bulk of the top 10. Juul Labs, WeWork, Airbnb, Space X, and Epic Games are all valued at $15 billion or more.A total of 21 companies in the ranking were valued at US$10 billion or more, making them decacorns (A Decacorn is a company valued at over $10 billion). According to CB Insights, there were 395 unicorn startups (companies valued at $1 billion or more) with a cumulative valuation of $1.2 trillion in the world as of September 2019.

The list of decacorns also includes Singaporean ride-hailing app Grab, Indian E-commerce platform PayTM, Brazilian fintech provider Nubank and Indonesia’s answer to WeChat, umbrella app Go-Jek.

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