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These are the world’s 10 most valuable tech companies

A lately launched list of the most valuable private companies on the planet reveals that know-how firms are elevating the very best valuations. The listing has been developed by Pitchbook, a monetary information, and software program firm.

Lead by two ride-hailing firms, the listing is dominated by US-based firms and people headquartered in China. The SoftBank Group, Common Atlantic, and Tencent are a frequent incidence as Enterprise Capitalists of those main firms. Listed below are the highest 10 most precious VC-backed firms on the planet:

10. Pinterest

The favored on-line platform for sharing visible content material from the net has a valuation of $12.three billion. In June 2017 it raised $150 million from Emerson Collective, Coffin Capital & Ventures, SharesPost, Sinai Ventures and a few undisclosed buyers.

9. Pinduoduo

Primarily based out of Shanghai, the low cost deal platform is valued at $15 billion after it raised $three billion final month in a funding spherical led by Tencent Holdings.

eight. Toutiao

The Beijing based mostly information and data content material platform has a valuation of $20 billion. It raised $2 billion from Common Atlantic in August 2017.

7. Palantir

The info analytics firm is valued at $20.5 billion. Palantir develops information analyzing platforms for personal corporations and governmental businesses. Their final funding spherical occurred in 2016 which closed at $20 million raised from Decacorn Capital, Prometheus Capital, Oceanic Companions and a few undisclosed buyers.

6. WeWork

WeWork has a present valuation of $21.1 billion after the co-working house raised $three billion beneath the Imaginative and prescient Fund of SoftBank Group in August 2017.

5. SpaceX

The California based mostly aerospace and house transportation firm has a present valuation of $24.7 billion after it raised $214 million from Constancy Investments final month.

four. Meituan-Dianping

Primarily based out of Beijing, the net market has a valuation of $30 billion. A platform for on-demand providers, reservations for tickets or eating places Meituan-Dianping raised $four billion from Tencent in October 2017.

three. Airbnb

The peer-to-peer hospitality service ranks at third with a present valuation of a $31 billion. The final funding spherical of Airbnb raised $1.6 billion from Common Atlantic Hillhouse Capital and Tiger World Administration.

2. Didi Chuxing

Valuated at $56 billion, the brains behind the biggest Chinese language raid-hailing app is the second most precious firm. In a monetary spherical closed this February, Didi Chuxing raised $four.6 billion from Softbank Capital Mubadala Improvement and JUMP Traders.

1. Uber

With a valuation of $69.9 billion, the biggest ride-hailing firm within the US tops the listing. This January, the San Francisco based mostly firm raised $1.three billion from SoftBank Group as nicely.

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