Uber tops the highest valued Start-up Companies in the world

Uber tops the highest valued Start-up Companies in the world

Posted by Vivek Nama on May 25th 2017

At what point does a startup graduate into a fully-fledged multinational? Once it reaches a $50bn valuation, perhaps? Not in the case of Uber, this is valued at an estimated $68bn and still labelled by many as a startup.

The significant number of Chinese players in the above chart shows that the nation’s tech giants are stepping into the global market.
In 2014, Xiaomi – now the world’s 5th largest smartphone producer – cemented its position as China’s largest smartphone vendor and entered the Indian market through a partnership with online retailer, Flipkart.
 
Flipkart is itself valued at just under $12bn and has so far provided stiff competition to Amazon as Jeff Bezos attempts to assert his dominance over the subcontinent. Investors have a series of huge IPOs to look forward to in the coming years, as some of these young start-ups seek to fuel further expansion by turning to equity markets.

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