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Number of unicorns in Southeast Asian countries in 2021

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Source

Release date

December 2021

Region

Asia

Survey time period

2021

Supplementary notes

*A "unicorn" company is a private startup whose current valuation is equal to or greater than one billion U.S. dollars. Once a company goes public (IPO) or is acquired, it is no longer considered a unicorn.

Citation formats

Southeast Asia unicorn count by country in 2021

Published by Zeynep Dierks, Jan 22, 2026
China largely dominated the countries of Southeast Asia in terms of the number of unicorns. The Middle Kingdom had more than *** unicorns on its territory in 2021. India, the second country in this ranking, had about fifty start-ups valued at more than one billion U.S. dollars. Japan, one of the world's largest economic powers, had only *** unicorns in 2021.
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