tech unicorns with valuations of 10 billion or more
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XiaomiPrimarily a smartphone company,
Xiaomi employs roughly 5,000 people around the world and
only released its first smartphone in 2011. Its rapid
growth in China has helped make it the third largest smartphone
maker in the world. It is currently the most valuable
private tech company. !
UberUber has a knack for making headlines. Just today they made
headlines worldwide after Paris arrested Uber employees in their Paris office for operating an illegal taxi service. But despite
headlines like these or perhaps because of them Uber has raised a war chest that has them at a $40 billion valuation.
A big data, software and services company that started by doing data analysis for American
intelligence agencies. They have since expanded to
providing services for the private sector. Their
decision to say private is deliberate, stating that it would make running their
company difficult.
FlipKartFlipKart exclusively
operates in India for now but that hasn’t stopped it from growing into an e-commerce powerhouse focusing mostly on
electronics. They’ve used their extensive funding for
various acquisitions.
Pinterest is the photo sharing and storage social network launched five years ago. Some are predicting their next step is to
become a search engine and rival Google.
AirBnB grew very quickly after taking part in the
biggest tech accelerator, Y Combinator. The disruptive company allows users to rent out rooms or entire homes. It now operates in
over 190 countries.
!
DropBox
Another Y-Combinator startup, Dropbox has been
able to keep strong market share despite tech giants like Google getting into
the cloud storage business. Their competitor Box
recently had their IPO and their stock has steadily
declining since.