SHANGHAI -- China fell further behind the U.S. in the number of startups valued at more than $1 billion, according to a report Monday published by China-based researchers. However, the two countries continue to dominate the worldwide list of "unicorns," as the highly valued unlisted companies are called.
Startups
China trails U.S. in creating unicorns, Hurun ranking shows
Two countries dominate, with nearly 75% of total; India in third place
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China is slipping further behind the U.S. in the number of unicorns -- startups valued at more than $1 billion -- as ranked in a global survey. (Source image by AP)
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