Learn how to validate your startup idea by pre-selling it, for only $80 (includes a free 1-hour consultancy call).
100 Top Unicorns
Download The List of the 100 Highest-Valued Unicorns

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

100 Top Unicorns
Download The List of the 100 Highest-Valued Private Startups

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

100 Accelerators & Incubators
Download Our List of The Top 100 Accelerators & Incubators

This free sheet contains 100 accelerators and incubators you can apply to today, along with information about the industries and stages they generally invest in.

The Founder's Handbook
Get Free Access to The Founder's Handbook

This free Notion document contains the best 100+ resources you need for building a successful startup, divided in 4 categories: Fundraising, People, Product, and Growth.

The 6 Best Unicorn Startups in Hong Kong

Ad

Around Logo

Video calls radically reimagined for the new way startup teams REALLY work today. Try Around for free →

I'm sure you've heard the term unicorn before.

It refers to a privately held company that has achieved a $1 billion valuation.

These private companies are rare because reaching the billion-dollar mark is incredibly challenging.

Only 0.004% of all venture-backed companies achieve this distinction – but Hong Kong is home to 6 unicorns including some of the biggest in the world.

The 6 Unicorns in Hong Kong

Ad

Around Logo

Video calls radically reimagined for the new way startup teams REALLY work today. Try Around for free →

Lalamove

Lalamove

Lalamove is a logistics company that specializes in on-demand and same-day delivery. Delivering directly to your doorstep or preferred pickup location, they offer a convenient service that customers love.

Details of the startup:

  • Valuation:

    $10.00

    B (

    February 2019

    )

  • Country:

    Hong Kong

  • City:

    Cheung Sha Wan

  • Started in:

    2013

  • Founders:

    Chow Shing Yuk, Gary Hui, Santit Jirawongkraisorn

  • Industries:

    Apps, Delivery, Logistics, Supply Chain Management, Transportation

  • Number of employees:

    500-1,000

  • Funding Amount:

    $2,475.00M

  • Number of funding rounds:

    9

  • Number of investors:

    18

here

Trendy Group International

Trendy Group International

Trendy International Group is a vertically integrated fashion company that incorporates art and business to produce luxury goods.

Details of the startup:

  • Valuation:

    $2.00

    B (

    February 2012

    )

  • Country:

    Hong Kong

  • City:

    Kowloon

  • Started in:

    1999

  • Founders:

    Jacky Xu

  • Industries:

    Fashion, Lifestyle, Retail

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $200.00M

  • Number of funding rounds:

    1

  • Number of investors:

    1

here

Klook

Klook

Klook redefines the tourist travel market by directly working with local sellers to bring value-added travel experiences and activities to our customers.

Details of the startup:

  • Valuation:

    $1.35

    B (

    August 2018

    )

  • Country:

    Hong Kong

  • City:

    Central

  • Started in:

    2014

  • Founders:

    Bernie Xiaokang Xiong, Eric Gnock Fah, Ethan Lin

  • Industries:

    Hospitality, Leisure, Tourism, Travel

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $721.19M

  • Number of funding rounds:

    7

  • Number of investors:

    13

here

Amber Group

Amber Group

Amber Group is a one-stop shop for crypto finance services, offering liquidity provision, trading, and asset management 24 hours a day.

Details of the startup:

  • Valuation:

    $1.10

    B (

    June 2021

    )

  • Country:

    Hong Kong

  • City:

  • Started in:

    2015

  • Founders:

    Luke Li, Michael Wu, Thomas Zhu, Tiantian Kullander, Tony He, Wayne Huo

  • Industries:

    Cryptocurrency, Finance, Financial Services, FinTech, Information Technology, Trading Platform

  • Number of employees:

    250-500

  • Funding Amount:

    $128.00M

  • Number of funding rounds:

    2

  • Number of investors:

    22

here

Cider

Cider

Cider is an e-commerce platform that sells directly to consumers (DTC) in international markets.

Details of the startup:

  • Valuation:

    $1.00

    B (

    September 2021

    )

  • Country:

    Hong Kong

  • City:

  • Started in:

    2020

  • Founders:

    Michael Chen Wang

  • Industries:

    Consumer, Direct Marketing, E-Commerce, Retail

  • Number of employees:

    10-50

  • Funding Amount:

    $131.46M

  • Number of funding rounds:

    4

  • Number of investors:

    8

here

WeLab

WeLab

WeLab is a Hong Kong-based online bank and consumer finance platform. It offers a full suite of end-to-end technology solutions to help financial institutions manage risk and increase yield.

Details of the startup:

  • Valuation:

    $1.00

    B (

    November 2017

    )

  • Country:

    Hong Kong

  • City:

  • Started in:

    2013

  • Founders:

    Aananth Solaiyappan, Frances Kang, Kelly Wong, Simon Loong

  • Industries:

    Banking, Finance, Financial Services, FinTech, Personal Finance

  • Number of employees:

    500-1,000

  • Funding Amount:

    $896.00M

  • Number of funding rounds:

    11

  • Number of investors:

    19

here
The All-In-One Newsletter for Startup Founders

Every week, I’ll send you Failory’s latest interviews and articles and 3 curated resources for founders. Join +16,000 other startup founders!