Fuyou Truck was selected into the "2021 Global Unicorn List" by Hurun Research Institute

(2023年03月14日)

https://www.linkedin.com/company/for-u-smart-freight/

On December 20, the Hurun Research Institute released the "Global Unicorn Index 2021" (Global Unicorn Index 2021), listing non-listed companies around the world that were established after 2000 and are worth more than US$1 billion. ForU Trucking was selected for this list, becoming the only mainline road freight platform from mainland China on the list. This is also the fourth time that Fuyou Trucks has been included in the list of unicorns this year.

According to public information, the Hurun Research Institute has been tracking and recording Chinese unicorn companies since 2017, and has been tracking and recording global unicorn companies since 2019. This is the third time that the Hurun Research Institute has released the global unicorn list.

According to the list, there are 1,058 unicorn companies in the world, distributed in 221 cities in 42 countries. There are 301 unicorn companies in China, 74 more than last year. The total value of unicorn companies on the list is 23.7 trillion yuan, which is equivalent to the GDP of Germany. Bytedance, Ant Group and SpaceX have become the world's top three unicorn companies.

The proportion of unicorns in the logistics industry has expanded

According to the list, the five industries most affected by unicorns are corporate management, financial services, retail, healthcare and logistics. The logistics industry will account for 4.4% of global unicorns in 2021, an increase from last year's ranking.

In the past few years, the logistics industry has attracted a large number of innovators with technology and capital, but few companies have withstood the test of the market. And those companies that have withstood many tests are beginning to usher in a "payback period." Accenture’s survey of Chinese unicorn companies this year found that, from the perspective of average valuation, the valuation level of unicorn companies in the field of logistics and transportation is far ahead.

Among the top ten new global unicorns on the list, companies from the logistics and express delivery field accounted for 4 seats (including J&T Express), becoming the most noteworthy industry for incubating unicorns.

There are a total of 31 logistics companies on the list, 14 of which are from China. Among them, 6 domestic logistics companies including Fuyou Truck, Didi Freight, and SF Express are on the list for the first time this year. Fuyoukache is the only trunk road freight platform from mainland China in the "2021 Global Unicorn List".

Change traditional logistics with subversive technological innovation

Hurun Report Chairman and Chief Research Officer Hurun said, "The Global Unicorn List aims to find the most successful startups in the world. These companies are leading a new generation of disruptive technologies and attracting the world's best young talents. "

Fuyou Truck builds an intelligent logistics system with big data and AI technology as the core, realizes the standardized and intelligent operation of each transaction link from inquiry to settlement, and builds high-quality service standards in the decentralized and non-standardized road freight market .

At present, Fuyou Truck is the first platform to apply AI technology to the vehicle transportation transaction market, and it is also the only platform in the industry that can realize second-level pricing for long-distance vehicle freight.

Selected into the unicorn list four times this year

Since the beginning of this year, Fuyou Truck has been selected as a unicorn for four times by virtue of its innovative value in technology-enabled road transportation, sustainable growth brought about by new business models, and outstanding contributions in leading new technologies and new service forms. list.

In April of this year, Fuyou Truck was selected into the "China Unicorn Enterprise Research Report 2021" of Great Wall Strategic Consulting; in June, the "White Paper on the Development of Nanjing Unicorn and Gazelle Enterprises in 2021" was released, and Fuyou Truck was selected into the 2021 Nanjing Unicorn Enterprise Development Report. City unicorn enterprise; in December, 36Kr released the "2021 China Unicorn Enterprise Development Research Report", and Fuyou Truck entered the list again; in the same month, Fuyou Truck was selected into the "2021 Global Unicorn List" released by Hurun Research Institute ".

In addition to the unicorn list released by the Hurun Research Institute, it also released the "2021 Top 100 Global Unicorn Investment Institutions List" and "2021 Top 30 Chinese Unicorn Investment Institutions". Among them, the institutional shareholders of Fuyou Trucks, such as Matrix Partners China, Legend Capital, and Zhongding Capital, were all included in the "2021 Top 30 Chinese Unicorn Investment Institutions" by the Hurun Research Institute.
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