Guangzhou

Number of unicorns exploded, despite three years of Covid-19 decline – Rupert Hoogewerf

The number of unicorns, companies worth more than US$1 billion, exploded globally over the past three years, despite the slowdown caused by Covid-19, says Hurun chairman Rupert Hoogewerf during the release of the Global Unicorn Index 2023 by Hurun Research Institute, at the China Daily. Especially the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) did very well, the report says.Read More →

How China self-imposed its Covid trap – Ian Johnson

Now China suddenly started to retract its zero-Covid strategy, strategic analyst Ian Johnson looks back at how the country got itself into this unprecedented mess at the Prospect. The economic slowdown and high unemployment “are all underlying issues that actually make the government’s challenge greater than first appears,” says Ian Johnson.Read More →

Guangzhou tops China’s unicorn newcomers – Rupert Hoogewerf

Guangzhou added in the first six months of 2022 nine new global unicorns, a privately held startup company valued at over US$1 billion – taking its total to 19, according to a new list from the Hurun List, writes the China Daily. “These unicorns are leading a new generation of disruptive technology,” says Rupert Hoogewerf, chief researcher of the Hurun Report.Read More →

How the metaverse will change the industry – Rupert Hoogewerf

The metaverse will change the industry dramatically, says Rupert Hoogewerf, chief researcher at the Hurun Rich List. Earlier he released a China company list with the highest metaverse potential. He now zooms into the Guangzhou Metaverse Innovation Alliance, writes the China Daily.Read More →