Hurun Report Lists World's Unicorn Startups, Indonesia in Top 10



Markus Wisnu Murti

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  • Go-Jek illustration. REUTERS

    Go-Jek illustration. REUTERS

    TEMPO.CO, Jakarta - The Hurun Research Institute just released its inaugural report on the global unicorn startups entitled the Hurun Global Unicorn List 2019, which focused on startups that were established in the 2000s and had yet to be listed in the public exchange.

    Hurun Research found 494 unicorns in the world that were based in 24 countries across 118 cities. These startups, which were established seven years ago on average, were worth around USD3.4 billion and USD1.7 trillion.

    “We have found just under 500 unicorns in the world. The Hurun Global Unicorn List 2019 is designed to inspire entrepreneurship amongst wannabe entrepreneurs and encourage investors. These young companies, only seven years old on average, are the world’s most exciting start-ups, leading a new generation of disruptive technology.” said Rupert Hoogewerf, Hurun Report chairman and chief researcher as quoted from the institute’s official website,

    As home to most of the world's unicorn startups, China managed to beat the United States of America through a small margin by housing 206 unicorns as opposed to US’ 203. The third place is handed to India with 21 unicorns, fourth sees the United Kingdom (13 unicorns), while Germany and Israel (7 unicorns each) are both in the seventh place. 

    Indonesia, France, and Brazil are in the 8th position with 4 unicorns each.