Top Unicorns in Shenzhen for 2024

In Shenzhen, we rank 17 unicorns based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Unicorns in Shenzhen are falling behind the performance of their global counterparts.

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Top Unicorns in Shenzhen 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

National Rank (China)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

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SB Score:742

DJI is the global leader in developing and manufacturing innovative drone and camera technology for commercial and recreational use.

Industry:
Hardware & IoT
Subindustry:
Consumer Electronics

National Rank (China)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

0

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SB Score:635

Tubatu takes the Internet home improvement platform business as the core, relies on the Internet and big data technology.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

National Rank (China)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

0

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Total amount:17

Most Valuable Unicorns in Shenzhen for 2024

The top three most valuable unicorns in Shenzhen have raised total funding of more than USD 90.3KM. Among the top three funded unicorns, the most popular industry, based on total funding, is Ecommerce & Retail.

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

National Rank (China)

0

View

Regional Rank (East Asia)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:742

DJI is the global leader in developing and manufacturing innovative drone and camera technology for commercial and recreational use.

Industry:
Hardware & IoT
Subindustry:
Consumer Electronics

National Rank (China)

0

View

Regional Rank (East Asia)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:609

HEYTEA, fka ROYALTEA, is a brand of specialty tea houses known for its cheese tea drinks. The company also operates under the brand HEEKCAA.

Industry:
Social & Leisure
Subindustry:
Social & Leisure-Other

National Rank (China)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

0

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Total amount:17

Top Hiring Unicorns in Shenzhen by Employee Number

The top three hiring unicorns in Shenzhen have an average employee size that is larger than to the global average. Among these, the Ecommerce & Retail industry features the unicorn with the largest workforce.

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

National Rank (China)

0

View

Regional Rank (East Asia)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:742

DJI is the global leader in developing and manufacturing innovative drone and camera technology for commercial and recreational use.

Industry:
Hardware & IoT
Subindustry:
Consumer Electronics

National Rank (China)

0

View

Regional Rank (East Asia)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:609

HEYTEA, fka ROYALTEA, is a brand of specialty tea houses known for its cheese tea drinks. The company also operates under the brand HEEKCAA.

Industry:
Social & Leisure
Subindustry:
Social & Leisure-Other

National Rank (China)

0

View

Regional Rank (East Asia)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:635

Tubatu takes the Internet home improvement platform business as the core, relies on the Internet and big data technology.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

National Rank (China)

0

View

Regional Rank (East Asia)

0

View

Global Rank (WorldWide)

0

Browse

Total amount:17

Explore the Startup Ecosystem of Shenzhen

National Rank

(China)

3rd

0

Regional Rank

(East Asia)

4th

0

Global Rank

(WorldWide)

18th

2

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Best Hardware & IoT Startups in Shenzhen for 2024

Shenzhen startups in the Hardware & IoT industry are overperforming their global industry peers. The top three Hardware & IoT unicorns in Shenzhen have raised more than USD 1.22B, an amount that is higher than the global industry average.

SB Score:742

DJI is the global leader in developing and manufacturing innovative drone and camera technology for commercial and recreational use.

Industry:
Hardware & IoT
Subindustry:
Consumer Electronics

National Rank (China)

0

View

Regional Rank (East Asia)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:564

UBTECH ROBOTICS CORP is a high-tech enterprise engaging in the R&D, manufacture, as well as promoting and popularizing robots around the world. We are the first company in China dedicated to commercialize humanoid robot, making it walk out of the research institution and become available to ordinary people. We have the most professional team members composing of experienced PhD and MSc robotics experts in both software and hardware areas.

Industry:
Hardware & IoT
Subindustry:
Robotics

National Rank (China)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

0

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SB Score:494

Royole develops cutting-edge flexible displays, sensors, and smart devices for various industries, offering IP licenses and solutions. Their innovative human-machine interface technologies revolutionize the way we interact with electronics.

Industry:
Hardware & IoT
Subindustry:
Hardware

National Rank (China)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

0

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Total amount:4

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
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6th
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109.406
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2nd
0
7th
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73.512
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