This statistic shows the Chinese cities where the most unicorn companies are based as of the end of ****. By the end of ****, ** Chinese unicorn companies were located in Beijing, whereas ** unicorns were located in Shanghai.
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Hurun Research Institute. (June 26, 2025). Distribution of unicorn companies in China as of December 2024, by city [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/897647/china-unicorn-company-number-distribution-by-city/
Hurun Research Institute. "Distribution of unicorn companies in China as of December 2024, by city." Chart. June 26, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/897647/china-unicorn-company-number-distribution-by-city/
Hurun Research Institute. (2025). Distribution of unicorn companies in China as of December 2024, by city. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/897647/china-unicorn-company-number-distribution-by-city/
Hurun Research Institute. "Distribution of Unicorn Companies in China as of December 2024, by City." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 26 Jun 2025, /statistics/897647/china-unicorn-company-number-distribution-by-city/
Hurun Research Institute, Distribution of unicorn companies in China as of December 2024, by city ÌÇÐÄÆƽâ°æ, /statistics/897647/china-unicorn-company-number-distribution-by-city/ (last visited July 31, 2026)
Distribution of unicorn companies in China as of December 2024, by city [Graph], Hurun Research Institute, June 26, 2025. [Online]. Available: /statistics/897647/china-unicorn-company-number-distribution-by-city/
