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Leading retail unicorn companies worldwide as of January 2025, by valuation (in billion U.S. dollars)

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Source

Release date

June 2025

Region

Worldwide

Survey time period

as of January 1, 2025

Special properties

Start-ups founded after 2000; with a valuation of one billion U.S. dollars and above, not yet listed on a public exchange

Citation formats

Leading retail unicorn companies worldwide 2025, by valuation

Published by ÌÇÐÄÆƽâ°æ Research Department, Nov 18, 2025

In 2025, China's Kayou was the world's largest unicorn in the retail sector, with a valuation of *** billion U.S. dollars. Following at a distance, Busy Ming was valued at *** billion U.S. dollars.

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