The third annual IDG Connect report comes at an interesting time. Companies that floated in 2015 are mostly significantly down from their asking prices on IPO. People are rightly sceptical of the ‘unicorn’ phenomenon where over 150 tech companies have been funded at valuations of over $1bn. Many of the companies on this list will never make it to IPO but they are companies worth watching nonetheless.
Phil Muncaster reports on China and beyond