Thursday, December 18, 2025 | 04:10 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Year End Specials: The new herd of unicorns built in 2017

Here are all the new Asian unicorns from 2017, grouped by vertical and product category

Electric car, EV
premium

Photo: Reuters

Eva Xiao | Tech in Asia
Transportation

NIO

Following the collapse of Tesla wannabe Faraday Future – bankrolled by former billionaire Jia Yueting – NIO has taken over as China’s rising electric car company. Backed by Tencent, Baidu, and Sequoia Capital, NIO (previously known as NextEV) is also entering the self-driving space.
 
Real estate

UrWork

Co-working spaces are a dime a dozen in China’s major cities. Amid increasing competition, different spaces are upping the ante to attract more tenants, such as offering free-flowing beer and other perks.
 
Artificial intelligence and big data

SenseTime
 
As the demand for facial