However, in the past ten years, driven by dividends such as population, market, technology, and the amount of venture capital. The valuation of Internet startups has risen, and it is difficult to accurately measure the true potential and future development of a startup company at US$1 billion. Prospects – For example, in 2015, IT Juzi’s statistics showed that the valuation of more than 60 Internet Goodbye 2010-2020 companies. That year was as high as 1 billion US dollars. Most of which were newly establish Internet companies. However, in 2020, there are very few survivors on the above list.

Digital interpretation of unicorns in the golden decade of entrepreneurship from 2010 to 2020

According to public data, listed financial reports, and media reports, according to the latest valuation or market value (as of December 31, 2020) , there are currently at least 36 Internet technology companies established and grown in the ten years from 2010 to 2020. worth more than $3 billion. In addition, BAT-incubate unicorn companies such as Ant Financial, JD Health, JD Digital, and WeBank are not included. As well as new economic companies that have little to do with the Internet, such as Bubble Mart and Heytea.

Among the 36 companies, the ideas of many Afghanistan Phone Number companies cannot be denied that they come from abroad, but almost all companies are by no means simply Copy to China, but through localization + iterative innovation, they have originality, disruptive technology, and are difficult to copy. In terms of technological innovation, business model, brand building, talent training, management and operation, etc., it has brought valuable successful experience to later entrepreneurs..

Will the next Pinduoduo and Meituan be born in the next ten years?

Afghanistan Phone Number
Afghanistan Phone Number

All gone. At the beginning of 2021, some people began to ask again: Traffic and demographic dividends are getting smaller and smaller, and new products are getting harder and harder to break through. In the next decade, will the next Meituan, Pinduoduo and ByteDance be born? Will 2010-2020 still be the golden age of entrepreneurship in which a hundred flowers bloom?

The questioner and these seven netizens probably would not have thought that in Shanghai that month, a start-up company born in China’s Internet, in the “encirclement, pursuit and interception” of the two giants, forcibly cut a bloody path and eventually became the most popular Internet in China. Unexpected key variable – the name of this startup is Pinduoduo. On December 29, 2012, it rose more than 15% to a record high, and its market value exceeded 200 billion US dollars, surpassing Meituan and becoming the third largest Internet company in China.


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