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icorn” was first used by venture capitalist Aileen Lee six years ago to describe a privately held startups valued at $1 billio
n or more, the number of companies matching this label has mushroomed to 326, according to a report.
The United States is home to 156 unicorns, nearly half of the world’s total, followed by China with 94 unicorns, Jeff Desj
ardins, editor-in-chief of media site Visual Capitalist, said in a report called Visualizing the Unicorn Landscape in 2019.
The total valuation of the 326 unicorns has been raised to $1.1 trillio
n by investors, of which almost 30 percent is made up by the top seven unicorns with hig
hest valuation, including Bytedance, Uber, Didi Chuxing and WeWork, the report citing data from CB Insights said.
ative safer, more sustainable and disaster-proof, according
to the declaration published during the two-day International Conference on Silk-road Disa
ster Risk Reduction and Development, which concluded in Beijing on Sunday.
Sunday marked China’s 11th National Disaster Prevention and Reducti
on Day, an annual event which began in 2009 after a devastating earthquake hit Sich
uan and neighboring provinces on May 12, 2008, leaving over 87,000 dead or missing.
More than 700 scientists from around 40 countries, regions and international organizations supported the declaration. It reco
mmended actions including data-sharing, investing in disaster risk reduction technologies and in
frastructure, and jointly enhancing disaster preparedness and response protocols.
?Canalys, said it is possible for Huawei to achieve its ambitious revenue target if it can maintain its current growth rate and everything goes well.
“Huawei is also increasing the average selling price of its smartphones and expan
ding its presence in the premium segment, which will significantly boost revenue,” Jia said.
But the global smartphone market is reaching saturation point, so Huawei has to encroa
ch on other smartphone vendors’ market share to maintain a good momentum, Jia added.
On Thursday, Yu also unveiled the P30 smartphone series in Shanghai. Priced from 3,988 yuan ($594) in China, the P30 Pro co
mes with optimized photo-shooting capabilities. By leveraging artificial intelligence and a new light sensor, th
e new model would significantly boost light absorption to create better photos, even in near darkness.
Chinese firms are expected to play bigger roles than sponsorship at the the upcoming 2019 Beijing International Horticultural Exhibition.
The expo has finished its sponsorship work, signing contracts worth about 1 billion yuan ($148.8 million) with 25 Chinese f
irms, including Air China and China Mengniu Dairy Company Limited, a record high sum for similar events in the field.
The firms will not only sponsor, but also serve the expo with
products, services and technologies, according to a consultant for the event.
Artificial intelligence firm Baidu will build a high-tech ecology experience pavillon to highlight the importance of environme
ntal protection, while China Telecom will showcase the country’s development in 5G technology.
Slated to kick off on April 29, the 162-day expo is poised to impress an expected 16 million visitors from hom
e and abroad, with a huge collection of plants, flowers and eye-catching pavilions, as well as ideas for green development.
rket. Last year, it acquired Fishtrip, a Taiwan province-based bed-and-breakfast b
ooking platform. The move added about 300,000 quality overseas properties to its listings.
The company set up a small team in Japan in 2016. It also teamed u
p with Rakuten Lifull Stay, an e-commerce company in Japan in 2017, with an aim to boo
st its presence in Japan to take advantage of the 2020 Tokyo Summer Olympics.
According to a report by the State Information Center, the market for home-sharing services is expanding rapi
dly in China, with the sector’s revenue expected to reach 50 billion yuan ($7.4 billion) by 2020.
“The short-term home rentals and homestay services are wide-rangi
ng now to satisfy the needs of various kinds of tourists. Typically, customers hire such servi
ces for get-togethers, reunions, team-building activities and to improve parent-child bon
ding and communication,” said Lai Zhen, an analyst at market research firm iResearch.