Internet finance breeds the largest number of Chinese unicorns

Internet-based financial services make up the biggest category of Chinese unicorns, with entertainment services coming in second, according to a China Internet Watch (CIW) whitepaper. Over 15% of all unicorns fall within the category “Internet Finance.” Seven of China’s top 20 unicorns provide financial services. These include Ant Financial, OneConnect, JD Finance, and WeBank. In […]

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