Top startups in China for 2024

In China, we rank 5436 startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Startups in China are exceeding the performance of their global counterparts.

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Top Unicorns in China for 2024

SB Score:940

SHEIN is a global fast fashion e-commerce platform specializing in women's clothing, with options for men and kids as well. They offer a wide range of trendy apparel, accessories, shoes, and bags for fashion-forward individuals looking for the latest styles at affordable prices.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Shenzhen)

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SB Score:840

Xiaohongshu (Little Red Book) is a popular social media and e-commerce platform in China that combines lifestyle content with user reviews and shopping. It offers a unique blend of shopping inspiration and community-driven recommendations for users.

Industry:
Ecommerce & Retail
Subindustry:

City Rank (Shanghai)

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SB Score:790

ByteDance, a Chinese tech company, owns TikTok and other content platforms, leading in social media and digital entertainment innovation.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Beijing)

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Total amount:158

Best Startups in China for 2024

SB Score:787

iQIYI Intelligence is part of the iQIYI ecosystem, focusing on innovative technologies in entertainment, including virtual reality and artificial intelligence.

Industry:
Social & Leisure
Subindustry:
Entertainment

City Rank (Chongqing)

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Regional Rank (East Asia)

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2nd

Viu
SB Score:725

Viu is a video streaming subscription service.

Industry:
Ecommerce & Retail
Subindustry:
Consumer Goods

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SB Score:722

ThePaper.cn is a Chinese digital media platform that provides in-depth coverage and analysis on social issues and public interest topics. Offering engaging news content, ThePaper.cn aims to inform and educate readers about important issues in China and beyond.

Industry:
Social & Leisure
Subindustry:
Digital Media

City Rank (Shanghai)

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SB Score:716

51CTO helps enterprise IT managers upgrade their technology management ability and enhance the entire IT level in Chinese enterprise.

Industry:
Software & Data
Subindustry:
Cloud

City Rank (Beijing)

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SB Score:712

Inspur Cloud offers a range of cloud computing solutions, specializing in data centers, services, and management platforms. Streamlining operations and enhancing efficiency, Inspur Cloud empowers businesses with cutting-edge technology for seamless cloud integration.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Jinan)

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SB Score:711

Fenbi Education provides civil service examinations, public institution recruitment examinations, teacher qualification certificates and recruitment examinations, postgraduate entrance examinations, and other knowledge training projects.

Industry:
Edtech
Subindustry:
Edtech

City Rank (Beijing)

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SB Score:691

AfterShip is a shipment tracking platform that enhances the post-purchase experience for online retailers and their customers by providing real-time updates and insights across different carriers globally. With seamless integration with shopping carts and marketplaces, AfterShip streamlines tracking processes, improves customer satisfaction, and helps businesses manage shipments more efficiently.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Hong Kong)

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SB Score:677

36Kr Media delivers the latest global technology innovation news to China's tech startups, investors, and professionals.

Industry:
Software & Data
Subindustry:
Comtech

City Rank (Beijing)

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SB Score:677

DHgate is a leading online marketplace for wholesale consumer goods, connecting international buyers with Chinese wholesale sellers.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Beijing)

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SB Score:676

Transsnet Music, the company behind Boomplay, Africa's leading music streaming platform, offers a wide range of music for streaming and download. With a vast library of songs and albums, users can enjoy their favorite music anytime, anywhere.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Shenzhen)

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SB Score:671

Zebra Junior Sports is a youth sports platform fostering growth and development. It offers a dedicated space for young athletes to engage in sports activities, learn essential skills, and nurture their passion for sports.

Industry:
Social & Leisure
Subindustry:
Sports

City Rank (Beijing)

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Total amount:5437

Most Funded Startups in China for 2024

The top three most funded startups in China have raised total funding of more than USD 14B. Among the top three funded startups, the most popular industry, based on total funding, is Ecommerce & Retail.

ChangXin Memory Technologies specializes in manufacturing dynamic random-access memory (DRAM) semiconductor products.

Industry:
Ecommerce & Retail
Subindustry:
Proptech

City Rank (Hefei)

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SB Score:548

JD Digita leverages cutting-edge technology in data, AI, IOT, and Blockchain to drive innovation. Specializing in transformative solutions, they empower businesses to thrive in the digital age.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Beijing)

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Regional Rank (East Asia)

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SB Score:614

Hozon creates affordable and innovative electric vehicles, prioritizing user experience. Their intuitive design ensures a comfortable ride, making sustainable transportation accessible to all.

Industry:
Transportation
Subindustry:
Automotive

City Rank (Shanghai)

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Regional Rank (East Asia)

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Total amount:5437

Top Hiring Startups in China by Employee Number

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

SB Score:712

Inspur Cloud offers a range of cloud computing solutions, specializing in data centers, services, and management platforms. Streamlining operations and enhancing efficiency, Inspur Cloud empowers businesses with cutting-edge technology for seamless cloud integration.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Jinan)

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Regional Rank (East Asia)

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2nd

SPIC
SB Score:611

State Power Investment Corporation Limited(SPIC) was established in May 2015 through the merger of China Power Investment Corporation and State Nuclear Power Technology Corporation.

Industry:
Hardware & IoT
Subindustry:
Hardware & IoT-Other

City Rank (Beijing)

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SB Score:604

HT Aero aims to lead the way in urban air mobility with innovative electric flying vehicles. They are committed to safety and intelligence in their products, revolutionizing transportation for the future.

Industry:
Transportation
Subindustry:
Aerospace

City Rank (Guangzhou)

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SB Score:581

Established in 2014, Geely's New Energy Commercial Vehicles Group launched Farizon Auto, the first commercial vehicle brand focusing on the new energy field in China.

Industry:
Transportation
Subindustry:
Automotive

City Rank (Hangzhou)

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Regional Rank (East Asia)

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Global Rank (WorldWide)

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Total amount:5436

Explore the Startup Ecosystem of China

Population

(China)

1412.2 Million

Regional Rank

(East Asia)

1st

0

Global Rank

(WorldWide)

13th

1

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Best Software & Data Startups in China for 2024

China startups in the Software & Data industry are overperforming their global industry peers. The top three Software & Data startups in China have raised more than USD 5.38B, an amount that is higher than the global industry average.

SB Score:716

51CTO helps enterprise IT managers upgrade their technology management ability and enhance the entire IT level in Chinese enterprise.

Industry:
Software & Data
Subindustry:
Cloud

City Rank (Beijing)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

0

Browse
SB Score:712

Inspur Cloud offers a range of cloud computing solutions, specializing in data centers, services, and management platforms. Streamlining operations and enhancing efficiency, Inspur Cloud empowers businesses with cutting-edge technology for seamless cloud integration.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Jinan)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

0

Browse
SB Score:677

36Kr Media delivers the latest global technology innovation news to China's tech startups, investors, and professionals.

Industry:
Software & Data
Subindustry:
Comtech

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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Total amount:1676

Best Ecommerce & Retail Startups in China for 2024

China startups in the Ecommerce & Retail industry are overperforming their global industry peers. The top three Ecommerce & Retail startups in China have raised more than USD 8.2B, an amount that is higher than the global industry average.

1st

Viu
SB Score:725

Viu is a video streaming subscription service.

Industry:
Ecommerce & Retail
Subindustry:
Consumer Goods

City Rank (Hong Kong)

0

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Regional Rank (East Asia)

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Global Rank (WorldWide)

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SB Score:691

AfterShip is a shipment tracking platform that enhances the post-purchase experience for online retailers and their customers by providing real-time updates and insights across different carriers globally. With seamless integration with shopping carts and marketplaces, AfterShip streamlines tracking processes, improves customer satisfaction, and helps businesses manage shipments more efficiently.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Hong Kong)

0

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Regional Rank (East Asia)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:677

DHgate is a leading online marketplace for wholesale consumer goods, connecting international buyers with Chinese wholesale sellers.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Beijing)

0

View

Regional Rank (East Asia)

0

View

Global Rank (WorldWide)

0

Browse

Total amount:593

Best Transportation Startups in China for 2024

China startups in the Transportation industry are overperforming their global industry peers. The top three Transportation startups in China have raised more than USD 7.58B, an amount that is higher than the global industry average.

SB Score:654

Caocao Chuxing offers convenient vehicle sharing services in China. Users can easily access cars for short trips, making transportation hassle-free. The company aims to provide a seamless experience for customers looking for affordable and efficient travel options.

Industry:
Transportation
Subindustry:
Ride-Hailing

City Rank (Hangzhou)

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Regional Rank (East Asia)

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Global Rank (WorldWide)

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SB Score:635

Huolala offers logistics services, moving, less-than-truckload, car rental and sales, and after-car services. Founded in 2013 and grown in the Guangdong-Hong Kong-Macao Greater Bay Area.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Shenzhen)

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Regional Rank (East Asia)

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Global Rank (WorldWide)

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SB Score:614

Hozon creates affordable and innovative electric vehicles, prioritizing user experience. Their intuitive design ensures a comfortable ride, making sustainable transportation accessible to all.

Industry:
Transportation
Subindustry:
Automotive

City Rank (Shanghai)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

0

Browse

Total amount:204

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 RankTotal Score

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Quantity Score
Quality ScoreBusiness Score
1st
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6th
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109.406
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2nd
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7th
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73.512
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