The unicorns of China: 11 Chinese startups you need to know

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Xiaomi

AP

Uber might be the most valuable private company in the world, but a slew of Chinese companies are right behind it.

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The Chinese startup space is largely dominated by investments from two behemoths: Amazon equivalent Alibaba and internet giant Tencent. The two have driven up valuations of Chinese companies, many of which are similar to startups on the list of American unicorns.

Here are some of the most valuable and powerful startups in China:

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