A Unicorn Environment: How to Grow a Startup in China

... become the global leader in the number of patent applications by 2010. China has held the first place for ten years, with most of the patent applications filed by individual enterprises. Analysts say that most Chinese unicorns have been supported by technology giants such as Alibaba, Tencent, Baidu, JD, Xiaomi, Qihoo 360, Lenovo and Fosun. The giants nurture a new generation of startups by providing a well-developed infrastructure and ample investments, while the young unicorns accelerate the growth of the titans by bringing in external potential and know-how, as well as increasing their capitalization through access to external ...