Top Startup Exits in China for 2025

In China, we rank 150 startup exits based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Startup exits in China are falling behind the performance of their global counterparts.

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Top Startup Exits in China for 2025

SB Score:583

WeRide is a leading, commercial-stage global company that develops Level 4 autonomous driving technologies. WeRide aims to develop safe and reliable driverless solutions to make mobility and transportation safer, more affordable and accessible. WeRide is conducting autonomous driving R&D, tests and operations in over 25 cities around the world. As the pioneer leader in autonomous technologies and services, WeRide has stepped up to the commercial stage in operations. WeRide offers an all-rounded product mix of Robotaxi, Robobus, Robovan, Robosweeper and ADAS, providing smart services in online ride-hailing, on-demand transport, urban logistics, sanitation services and acting as a solution provider. Established in 2017, WeRide is headquartered in Guangzhou, China, and has expanded its R&D and operation centers to Beijing, Shanghai, Shenzhen, Zhengzhou, Nanjing, Wuhan, and Anqing, as well as San Francisco in the US. WeRide has formed strategic partnerships with leading global OEMs and Tier 1 supplier including Renault-Nissan-Mitsubishi Alliance, Yutong Group, GAC Group, Bosch, etc.

Industry:
Hardware & IoT
Subindustry:
Consumer Electronics

City Rank (Guangzhou)

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Regional Rank (East Asia)

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Global Rank (WorldWide)

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United Imaging Healthcare specializes in cutting-edge medical imaging and radiotherapy equipment. Their innovative technology enhances diagnostic accuracy and treatment outcomes for healthcare providers worldwide.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Shanghai)

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Regional Rank (East Asia)

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Global Rank (WorldWide)

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SB Score:445

Horizon Robotics creates AI-driven embedded systems for autonomous solutions. Their technology enables seamless automation in various industries.

Industry:
Hardware & IoT
Subindustry:
Hardware

City Rank (Beijing)

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Regional Rank (East Asia)

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Global Rank (WorldWide)

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Total amount:150

Best Software & Data Startup Exits in China for 2025

China exits in the Software & Data industry are overperforming their global industry peers. The top three Software & Data exits in China have raised more than USD 20.6B, an amount that is higher than the global industry average.
Unranked

MANGOFUN offers mobile internet games, mobile app development, and IP-based operating services. Their services include interactive marketing, value-added derivatives, new retail, and consumer goods markets through independent research and development, joint development, and authorized development.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Shanghai)

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Regional Rank (East Asia)

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Global Rank (WorldWide)

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Unranked

ESR Cayman is an integrated logistics real estate platform which helps users with development, fund management, and investments.

Industry:
Software & Data
Subindustry:
Software and Data-Other

City Rank (Hong Kong)

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Regional Rank (East Asia)

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Global Rank (WorldWide)

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Total amount:46

Largest Startup Exits in China by Funding

The top three largest startup exits in China have raised total funding of more than USD 495M. Among the top three funded exits, the most popular industry, based on total funding, is Marketing & Sales.
Unranked

Pinduoduo is an e-commerce platform that allows users to participate in group buying deals, mostly through Tencent’s Wechat app.

Industry:
Ecommerce & Retail
Subindustry:
Mobile Commerce

City Rank (Shanghai)

0

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Regional Rank (East Asia)

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Global Rank (WorldWide)

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United Imaging Healthcare specializes in cutting-edge medical imaging and radiotherapy equipment. Their innovative technology enhances diagnostic accuracy and treatment outcomes for healthcare providers worldwide.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Shanghai)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

0

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Total amount:150

Top Hiring Startup Exits in China by Employee Size

The top three hiring startup exits in China have an average employee size that is larger than to the global average. Among these, the Software & Data industry features the startup exit with the largest workforce.

United Imaging Healthcare specializes in cutting-edge medical imaging and radiotherapy equipment. Their innovative technology enhances diagnostic accuracy and treatment outcomes for healthcare providers worldwide.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Shanghai)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

0

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SB Score:583

WeRide is a leading, commercial-stage global company that develops Level 4 autonomous driving technologies. WeRide aims to develop safe and reliable driverless solutions to make mobility and transportation safer, more affordable and accessible. WeRide is conducting autonomous driving R&D, tests and operations in over 25 cities around the world. As the pioneer leader in autonomous technologies and services, WeRide has stepped up to the commercial stage in operations. WeRide offers an all-rounded product mix of Robotaxi, Robobus, Robovan, Robosweeper and ADAS, providing smart services in online ride-hailing, on-demand transport, urban logistics, sanitation services and acting as a solution provider. Established in 2017, WeRide is headquartered in Guangzhou, China, and has expanded its R&D and operation centers to Beijing, Shanghai, Shenzhen, Zhengzhou, Nanjing, Wuhan, and Anqing, as well as San Francisco in the US. WeRide has formed strategic partnerships with leading global OEMs and Tier 1 supplier including Renault-Nissan-Mitsubishi Alliance, Yutong Group, GAC Group, Bosch, etc.

Industry:
Hardware & IoT
Subindustry:
Consumer Electronics

City Rank (Guangzhou)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

0

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SB Score:445

Horizon Robotics creates AI-driven embedded systems for autonomous solutions. Their technology enables seamless automation in various industries.

Industry:
Hardware & IoT
Subindustry:
Hardware

City Rank (Beijing)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

0

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4th

JMEV
Unranked

JMEV is a venture electric enterprise based on a global perspective that is committed to products with human-oriented temperatures. They specialize in the development, production, sales, and service of new energy vehicles.

Industry:
Marketing & Sales
Subindustry:
Marketing & Sales-Other

City Rank (Nanchang)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

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Total amount:150

Explore the Startup Ecosystem of China

Population

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1412.2 Million

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Regional Rank

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1st

0

Global Rank

(WorldWide)

13th

1

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Top Cities for Startups in China - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

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Quantity Score
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Quality Score
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Business Score
1st
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6th
0
109.406
00.00
00.00
00.00
2nd
0
7th
0
73.512
00.00
00.00
00.00
3rd
0
18th
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2
39.550
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0
33rd
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2
23.303
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00.00
00.00
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0
37th
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1
22.034
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00.00
00.00
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0
52nd
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7
14.739
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00.00
00.00
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0
77th
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8
9.566
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00.00
00.00
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0
106th
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9
7.314
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00.00
00.00
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1
131st
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6
5.238
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00.00
00.00
10th
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1
147th
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24
4.389
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00.00
00.00
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