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Startups

China overtakes US with highest number of tech unicorns: report

Along with India and UK, the four countries account for 89% of 494 startups

SHANGHAI -- China is home to the greatest number of technology startups each valued at $1 billion and over as of June 30, as government policies and venture capitalists hoping to find the next Alibaba Group Holding foster a nurturing environment for such companies to grow.

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