China’s tech unicorns start to see a slide in valuations – Deal Street Asia

In ancient mythology, Chinese unicorns are lucky, rare creatures that appear to mark the arrival or death of a great leader, like Confucius. Today, China’s tech unicorns — private companies valued at $1 billion or more — are far more commonplace and look increasingly cursed. Four of the world’s seven most valuable private companies are…

Source: China’s tech unicorns start to see a slide in valuations DEAL STREET ASIA

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