A unicorn company is a privately owned startup that has a current valuation of one billion U.S. dollars or over. Once a company has gone public (IPO) or has been acquired it is no longer termed as a unicorn. All published figures are best estimations based on latest publications of sources. Figures are correct as of April 2021. Figures and valuations are rounded as some company valuations have not externally verified and are self-published. Latest valuations used. As multiple sources were used and valuations vary between sources, the most recent valuation was used. Where valuations differed but the reporting date was the same, mean averages were used. Industries were assigned by the sources. Where companies crossed industries, the major category was used as determined by the source. Where companies have multiple countries listed the country of headquarters has been used.
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Number of unicorns in Asia-Pacific 2025, by country
As of 2025, *** unicorns were headquartered in China, accounting for around two-thirds of all unicorns in the Asia-Pacific region. India ranked second, with ** unicorns, while South Korea and Singapore followed at a distance, each hosting ** unicorns.
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Hurun Research Institute. (June 26, 2025). Number of unicorns in selected countries in the Asia-Pacific region in 2025 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 05, 2026, from /statistics/1093158/number-of-unicorns-in-the-asia-pacific-region-by-country/
Hurun Research Institute. "Number of unicorns in selected countries in the Asia-Pacific region in 2025." Chart. June 26, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 05, 2026. /statistics/1093158/number-of-unicorns-in-the-asia-pacific-region-by-country/
Hurun Research Institute. (2025). Number of unicorns in selected countries in the Asia-Pacific region in 2025. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 05, 2026. /statistics/1093158/number-of-unicorns-in-the-asia-pacific-region-by-country/
Hurun Research Institute. "Number of Unicorns in Selected Countries in The Asia-pacific Region in 2025." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 26 Jun 2025, /statistics/1093158/number-of-unicorns-in-the-asia-pacific-region-by-country/
Hurun Research Institute, Number of unicorns in selected countries in the Asia-Pacific region in 2025 ÌÇÐÄÆÆ½â°æ, /statistics/1093158/number-of-unicorns-in-the-asia-pacific-region-by-country/ (last visited August 05, 2026)
Number of unicorns in selected countries in the Asia-Pacific region in 2025 [Graph], Hurun Research Institute, June 26, 2025. [Online]. Available: /statistics/1093158/number-of-unicorns-in-the-asia-pacific-region-by-country/