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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.

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The 7 Unicorns Founded in Hong Kong (2024)

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Have you ever wondered which private companies in Hong Kong have the highest valuations?

You’re not alone.

There are lots of unicorn companies there, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 7 Hong Kong unicorn startups, from highest to lowest valuation.

The 7 Unicorns in Hong Kong

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2,189 Accelerators & Incubators

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Complete Unicorns List
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1,016 Unicorns

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1,190 Unicorns

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250 FinTech Investors

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1) 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: $10.00B (February 2019)
  • 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: $2,475.00M
  • Funding rounds: 9
  • Number of investors: 18

You can find their website here.

2) 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: $3.00B (June 2021)
  • 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: $128.00M
  • Funding rounds: 2
  • Number of investors: 22

You can find their website here.

3) Babel Finance

Babel Finance

Babel Finance is a global cryptocurrency financial services provider that caters to institutional and high-net-worth individuals.

Details of the startup:

  • Valuation: $2.00B (May 2022)
  • State: Hong Kong Island
  • City: Hong Kong
  • Started in: 2018
  • Founders: Del Wang, Flex Yang
  • Industries: Blockchain, Cryptocurrency, Financial Services, FinTech
  • Number of employees: 101-250
  • Funding: $120.00M
  • Funding rounds: 4
  • Number of investors: 11

You can find their website here.

4) 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: $2.00B (February 2012)
  • City: Kowloon
  • Started in: 1999
  • Founders: Jacky Xu
  • Industries: Fashion, Lifestyle, Retail
  • Number of employees: 1,000-5,000
  • Funding: $200.00M
  • Funding rounds: 1
  • Number of investors: 1

You can find their website here.

5) 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: $1.35B (August 2018)
  • 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: $721.19M
  • Funding rounds: 7
  • Number of investors: 13

You can find their website here.

6) Cider

Cider

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

Details of the startup:

  • Valuation: $1.00B (September 2021)
  • Started in: 2020
  • Founders: Michael Chen Wang
  • Industries: Consumer, Direct Marketing, E-Commerce, Retail
  • Number of employees: 10-50
  • Funding: $131.46M
  • Funding rounds: 4
  • Number of investors: 8

You can find their website here.

7) 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: $1.00B (November 2017)
  • 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: $896.00M
  • Funding rounds: 11
  • Number of investors: 19

You can find their website here.

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